Determine if population will like the new soft drink

Reference no: EM13132186

A new soft drink is being market tested. A sample of 400 individuals participated in the taste test and 80 indicated they like the taste.

a. At a 5% significance level, test to determine if at least 22% of the population will like the new soft drink.
b. Determine the p-value.

Reference no: EM13132186

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