2. When introducing a new product into the market a particular company has a policy that a minimum of 40% of those trying the product at the testing stage should like it. A new product has just been completed, and from a sample of 200 people, 88 said they liked it. a. Does this result suggest that significantly more than 40% of people will like the product? (Conduct your test at the 5% level of significance.) b. Given your result above, would you suggest that the company spends E100,000 on R&D to improve the product or spends $10,000 on increasing their sample size to 600? Explain your