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In a taste comparison test, it was found that 56 of the 100 persons in a sample preferred the chunky version of peanut butter over
In a taste comparison test, it was found that 56 of the 100 persons in a sample preferred the chunky version of peanut butter over the creamy type. An interested observer would like to know whether this proportion is significantly different than the proportion that would tend to result from chance. Using 0.05 level of significance, what conclusion can be reached? Follow the steps for hypothesis testing and calculate a 95 percent confidence interval to obtain your conclusion.
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