=+An accountant at an organic food chain is testing whether the customers prefer a new cheese supplier.
Question:
=+An accountant at an organic food chain is testing whether the customers prefer a new cheese supplier. She surveys 100 customers and finds out that the proportion preferring the new supplier is greater than the previous proportion with a P-value of 0.002. The new supplier costs more, but the P-value is so low. Should she switch to the new supplier?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Business Statistics Plus Pearson Mylab Statistics With Pearson Etext
ISBN: 978-1292243726
3rd Edition
Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman
Question Posted: