The marketing survey department of a large food producer believes that customers will indifferent to
Question: The marketing survey department of a large food producer believes that customers will indifferent to two different proposed packaging designs for a new cereal. That is, it is believed that 50% of the customers would choose package A and 50 percent would choose package B. To test the hypothesis that the customers are indifferent to the two package designs, a random sample of 225 potential consumers of the cereal were taken, and found 130 customers preferred the package A designs. Do we have sufficient evidence to against the hypothesis? Test at 0.05 level of significance.
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Solution: The solution consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
