The Coca-Cola Company Has 40% of the Cola Market

question 95

Multiple Choice

The Coca-Cola Company has 40% of the cola market.Determine the probability that a sample proportion for n = 30 is within 0.10 of the true proportion of 0.40,which is the proportion of cola drinkers who prefer a Coca-Cola drink.In this particular market,the population size of those who drink cola is 50.

• A) 0.7372
• B) 0.3686
• C) 0.4599
• D) 0.9198
• E) Not enough information given to make calculation.

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