likelihood that 14 or more people in our sample would recognize it?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 11PPS
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PROBLEM SOLVING
A company has spent a lot of money on advertising to ensure that more than half
of the adult population understands the brand name of its products. The brand
name was recognized by 14 out of 20 adults in a random survey. If the real
proportion p of all adults who identify the brand name is just 0.50, what is the
likelihood that 14 or more people in our sample would recognize it?
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