Recently,a Case of Food Poisoning Was Traced to a Particular

question 15

Multiple Choice

Recently,a case of food poisoning was traced to a particular restaurant chain.The source was identified and corrective actions were taken to make sure that the food poisoning would not reoccur.Despite the response from the restaurant chain,many consumers refused to visit the restaurant for some time after the event.A survey was conducted three months after the food poisoning occurred with a sample of 319 patrons contacted.Of the 319 contacted,29 indicated that they would not go back to the restaurant because of the potential for food poisoning.The 95% confidence interval for the true proportion of the market who still refuse to visit any of the restaurants in the chain three months after the event would be _____.

• A)[.059,.122]
• B)[.090,.091]
• C)[.000,.196]
• D)[.240,.339]
• E)[.118,.244]

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Definitions:

Pounds

A unit of weight commonly used in the United States and Britain, equivalent to 0.453592 kilograms.

Indifference Curves

Graphical representations in microeconomics to show combinations of two goods that provide the consumer with the same level of satisfaction.

Price Rises

An increase in the cost of goods or services, affecting the buying behavior of consumers and potentially leading to changes in market dynamics.

Indifference Curves

Graphical representations in microeconomic theory that illustrate different combinations of two goods between which a consumer is indifferent in preference.