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Acme Foods wants to make its chips saltier, but it doesn't want to spend more than it has to on salt. A sample of consumers is asked to compare its current chips variety (saltiness = 100) with saltier versions and to say whether the new versions are saltier. On an average, sample consumers reliably say that a new chips variety is saltier when its saltiness value is 108, but not when its saltiness value is below 108. Assuming Acme Foods' sample consumers are representative of people in general, which of the following percentage values best represents the just noticeable difference for saltiness?
Discretionary Funds
Money available for spending and investment that is not earmarked for specific obligations.
Poor People
Individuals or groups who lack the financial resources to meet the basic standard of living in their society due to low income.
Developing Countries
Nations with lower levels of industrialization, technological advancement, and per capita income compared to developed countries.
Lack Of Education
Refers to an insufficient level of education received by individuals, often leading to limited job opportunities and economic challenges.
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