1. You plan to conduct a marketing experiment in which students are to taste one of two different brands of soft drink. Their task is to correctly identify the brand tasted. You select a random sample of 200 students and assume that the students have no ability to distinguish between the two brands.
a) What is the probability that the sample will have between 50% and 60% of the identifications correct?
population proportion p=0.5
n=200
standard error of "\\hat{p}=\\sqrt{\\dfrac{0.5*(1-0.5)}{200}}=0.0354"
a)
"z(0.5)=0"
"z(0.60)=\\dfrac{(0.60-0.50)}{0.0354}=2.82"
"P(0<z<2.82)=P(z<2.82)-P(z<0)"
"=0.9976-0.5=0.4976"
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