A producer of soft drinks was fairly certain that her brand had a 15% share of the soft drink market. In a market survey involving 3000 consumer of soft drinks, 250 expressed a preference for her brand. If the 15% figure is correct, find the probability of observing 400 or more consumers who prefer her brand of soft drink. [Hint: Use normal approximation and z-value must be rounded-off to 2 decimal places only

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.CR: Chapter 13 Review
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1) A producer of soft drinks was fairly certain that her brand had a 15% share of the soft drink market. In a market survey involving 3000 consumer of soft drinks, 250 expressed a preference for her brand. If the 15% figure is correct, find the probability of observing 400 or more consumers who prefer her brand of soft drink. [Hint: Use normal approximation and z-value must be rounded-off to 2 decimal places only
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