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A professor of business statistics recently adopted a new textbook. At the completion of the course, 100 randomly selected students were asked to assess the
A professor of business statistics recently adopted a new textbook. At the completion of the course, 100 randomly selected students were asked to assess the book. The responses recorded are as follows: Excellent (1), Good (2), Adequate (3), Poor (4). The results are stored using the codes in parentheses and indicated that 43% indicated that the book was Good, Adequate or Poor. Do the data allow us to conclude that more than 50% of all business students would rate the book as excellent
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