Question 3(Multiple Choice Worth 1 points) (03.06 LC)
Determine if the sequence is arithmetic or geometric, and find the common difference or ratio.
X
1
2
3 4
f(x) 81 72 63 54
O Arithmetic, common difference = 9
O Arithmetic, common difference = -9
O Gealmetric, common ratio = 9
Geometric, common ratio = -9

According to a study conducted in 2015, 18% of shoppers said that they prefer to buy generic instead of name-brand products. suppose that in a recent sample of 1500 shoppers, 315 stated that they prefer to buy generic instead of name-brand products. at a 5% significance level, can you conclude that the proportion of all shoppers who currently prefer to buy generic instead of name-brand products is higher than .18? use both the p-value and the critical-value approaches.