(Choose 1 answer)
An international study by Unilever reveals that 40% of consumers are choosing to buy from brands they believe are doing social or environmental good. Suppose you select a sample of 150 consumers. What is the probability that in the sample fewer than 38% are choosing to buy from brands they believe are doing social or environmental good?
Let P(z < -0.5) = 0.3085; P(z < -0.04) = 0.4840; P(z < 0.5) = 0.6915; P(z < 0.04) = 0.5160.
A. 0.4840
B. 0.0400
C. 0.3085
D. 0.5160
E. None of the other choices is correct
Exit 22
