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Question: Loblaws claims that 505 of customers prefer the No Name brand, bu this may have changed given the recent price inflation. Loblaws sampled
Question: Loblaws claims that 505 of customers prefer the No Name brand, bu this may have changed given the recent price inflation. Loblaws sampled 802 shoppers in a grocery store and 428 said they preferred the No Name product over the main competitors. Test at the 5% level the null hypothesis the population proportion preferring the No Name product has changed. (6 POINTS)
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