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Can someone please help with this business statistics question asap?? Quiz Question 3 When choosing the right coffee beans for you, buying single-origin or blended
Can someone please help with this business statistics question asap??
Quiz Question 3 When choosing the right coffee beans for you, buying single-origin or blended coffee is another factor to consider. Buy single origin if you Not yet saved enjoy the body and flavour profile of specific coffee regions, and go for blend if you're happy with beans that have come from various Marked out of geographic areas. Based on a randomly selected sample of 98 batches of coffee beans, 46 of them are single origin. 4.00 Save Flag question 1. (1 mark) What is a point estimate for the proportion of single origin in coffee beans? (3dp) 2. (2 mark) Calculate a 95% confidence to estimate the unknown population proportion of single origin coffee beans. Lower bound (3dp) Upper bound (3dp) 3. (1 mark) According to ABC rural news, 44% of coffee beans are single origin. How would you interpret this statement based on this random sample of 98 batches of coffee beans? Choose one from the following. Copy Since p=0.44 is inside the 95% confidence interval. There is no evidence of a change in the proportion of single origin coffee. Since p=0.44 is outside the 95% confidence interval. There seems to be a greater production in single origin coffee. (an increase in single origin coffee). Since p=0.44 is outside the 95% confidence interval. There seems to be a drop in production single origin coffee. (a decrease in single origin coffee)Step by Step Solution
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