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10. A marketing Manager wants to know if there is any difference in the proportion of consumers who like the taste of his product. He finds that 40 out of a sample of 85 consumers respond that they like the taste of his product. Similarly 35 out of a second sample of 65 consumers respond that they like the taste of the product when they are administered a product of the next competing brand. Based on these observations what should the marketing manager conclude at a 5% significance level ?

10. A marketing Manager wants to know if there is any difference in the proportion of consumers who like the taste of his product. He finds that 40 out of a sample of 85 consumers respond that they like the taste of his product. Similarly 35 out of a second sample of 65 consumers respond that they like the taste of the product when they are administered a product of the next competing brand. Based on these observations what should the marketing manager conclude at a 5% significance level ?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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10. A marketing Manager wants to know if there is any difference in the proportion of consumers who like the taste of his product. He finds that 40 out of a sample of 85 consumers respond that they like the taste of his product. Similarly 35 out of a second sample of 65 consumers respond that they like the taste of the product when they are administered a product of the next competing brand. Based on these observations what should the marketing manager conclude at a 5% significance level ?
Transcribed Image Text:10. A marketing Manager wants to know if there is any difference in the proportion of consumers who like the taste of his product. He finds that 40 out of a sample of 85 consumers respond that they like the taste of his product. Similarly 35 out of a second sample of 65 consumers respond that they like the taste of the product when they are administered a product of the next competing brand. Based on these observations what should the marketing manager conclude at a 5% significance level ?
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