An order to gain additional information about respondents, some marketing researchers have used ultraviolet ink to preco...
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An order to gain additional information about respondents, some marketing researchers have used ultraviolet ink to precode questionnaires that promise confidentiality to respondents. Of 194 randomly selected marketing researchers who participated in an actual survey, 107 said that they disapprove of this practice. Suppose that, before the survey was taken, a marketing manager claimed that at least 54 percent of all marketing researchers would disapprove of the practice.
(a) Assuming that the manager's claim is correct, calculate the probability that 107 or fewer of 194 randomly selected marketing researchers would disapprove of the practice. Use the normal approximation to the binomial. (Round z value to 2 decimal places. Round your answer to 5 decimal places.)
P(x ? 107) =
(b) Based on your result of part a, do you believe the marketing manager's claim? No or Yes?