Question
A survey for brand recognition is done and it is determined that 61% of consumers have heard of Dull Computer Company. A survey of 16
A survey for brand recognition is done and it is determined that 61% of consumers have heard of Dull Computer Company. A survey of 16 randomly selected consumers is to be conducted. For such groups, would it be significantly high to get 14 consumers who recognize the Dull Computer Company name? Why or why not? Explain your answer using descriptive statistics and/or probability appropriately. If your reasoning requires a z-score, enter the z-score rounded to the nearest hundredth. If your reasoning requires a probability, enter the probability as a decimal rounded to the nearest ten-thousandth.
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