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A company is trying to ascertain whether there is any preference between its brand and its competitors brand. The company claims that their brand Brand
A company is trying to ascertain whether there is any preference between its brand and its competitors brand. The company claims that their brand "Brand A\" is preferred by the customers over its competitor's brand Brand B. A sample of 120 consumers was surveyed. Out of those surveyed, 65 said they preferred Brand A, 50 said they preferred Brand B, and 5 had no preference. Test at .05 level of significance whether the consumer's prefer Brand A over Band B
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