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A market research firm has conducted a study to determine consumer preference fo

ID: 3133967 • Letter: A

Question

A market research firm has conducted a study to determine consumer preference for a new package design for a particular product. The consumers, ages were also noted. What percent of those participating in the study preferred package A? Enter you answer as a fraction. For example, if your answer is 23%. enter 0.23. instead of 23 %. What percent of those under 25 years of age preferred package A? Enter a fraction instead of percentage. For example, if your answer is 23%. enter 0.23. instead of 23%. What percent of those aged 25 - 40 preferred package A? Enter your answer as a fraction instead of a percentage. For example, if your answer is 23%. enter 0.23 instead of 23%. Is the preference for package A the same for both age groups? Enter 1 if your answer is YES: enter 0 if your answer is NO.

Explanation / Answer

26) from the table we have 36 participents who prefer A

Hence the required fraction is 0.36

27) Under 25 there are 18 participants who preffered A

So the fraction is 0.18

28) In the age group 25 - 40 there are 18 participants who preffered A

So the fraction is 0.18

29) Yes the preference is same

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