[Steps Shown] A new soft drink is being market tested. It is estimated that 60% of consumers will like the new drink. A sample of 96 taste tested the new
Question: A new soft drink is being market tested. It is estimated that 60% of consumers will like the new drink. A sample of 96 taste tested the new drink.
| a. | Determine the standard error of the proportion |
| b. | What is the probability that more than 70.4% of consumers will indicate they like the drink? |
| c. | What is the probability that more than 30% of consumers will indicate they do not like the drink? |
Deliverable: Word Document 
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