Molson has been in business in Canada for over two and a quarter centuries, a fact that

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Molson has been in business in Canada for over two and a quarter centuries, a fact that speaks to the consistent quality of the beer. Suppose Molson’s aim is that at least 98% of customers say the taste hasn’t changed. One way to ensure consistency is to run taste tests with a random selection of customers. Ninety-nine percent of a random sample of 850 customers say the taste hasn’t changed in the past 10 years. Is that sufficient for Molson’s purposes?

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Business Statistics

ISBN: 9780133899122

3rd Canadian Edition

Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright

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