Finding the p-value and level of significance

Reference no: EM1389479

A survey determines that mint chocolate chip is the favorite ice cream flavor of 6% of consumers. An ice cream shop determines that of 240 customers, 18 customers stated their preference for mint chocolate chip.

Find the P-value that would be used to determine if the percentage of customers who prefer mint chocolate chip ice has increased at a 5% level of significance.

Reference no: EM1389479

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