Question
A survey determines that mint chocolate chip is the favorite ice cream flavor of 6% of consumers. An ice cream shop determines that of 240
A survey determines that mint chocolate chip is the favorite ice cream flavor of 6% of consumers. An ice cream shop determines that of 240 customers, 18 customers stated their preference for mint chocolate chip.
Find the P-value that would be used to determine if the percentage of customers who prefer mint chocolate chip ice has increased at a 5% level of significance.
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
