Mathematics, 05.05.2020 18:42 hi105
You run a competitive K-cup coffee company. Your most popular flavor is the French Roast. Suppose a potential competitor has been conducting blind taste tests on its blend and finds that 48% of consumers strongly prefer its French Roast to yours. After tweaking its recipe, the competitor conducts a test with 144 tasters, of which 72 prefer its blend. The competitor claims that its new blend is preferred by more than 48% of consumers to your French Roast. What is the value of the appropriate test statistic to test this claim
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