Multiple Choice
Suppose that a group of 100 consumers are asked to rate how much they liked the taste of a new soft drink on a 5-point scale (where 5 = good taste and 1 = poor taste) and the mean rating was 4.2 with a standard deviation of 1.48.Suppose,further,that the standard error of the mean for this study was 0.15.If you wanted to find the 95 percent confidence interval (two-tailed test) ,and if the Z-value at the 0.05 level of significance is 1.96,the confidence interval lies between:
A) 3.91 and 4.49
B) 4.17 and 4.23
C) 3.98 and 4.42
D) 4.00 and 5.00
Correct Answer:

Verified
Correct Answer:
Verified
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