The Laurier Company’s brand has a market share of 30%. Suppose that 1,000 consumers of the product are asked in a survey which brand they prefer. What is the probability that more than 32% of the respondents say they prefer the Laurier brand?

The  probability is  

Step-by-step explanation:

From the question we are told that

   The  proportion proportion is  

    The sample size is

    The  sample  proportion

Generally the standard error is mathematically represented as

The probability that more than 32% of the respondents say they prefer the Laurier brand is mathematically represented as

 Here  

From the z -table  

sgth thdhtxr ythdsx hfgh ysrth th srtrh

step-by-step explanation:

trshd h rdhsjsdrnytjdt jyjyukfddythj

b

2

−

b

b

3

+

7

b

2

+

14

b

+

6

%

−

3

b

3

+

7

b

2

+

14

b

+

6

%

step-by-step explanation: