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(A)Construct a 95% confidence interval for the difference between the proportions of male and female customers who prefer Coke Classic over Pepsi Cola.
(B)Interpret the constructed confidence interval.
Preferences
Individual choices or tastes regarding various bundles of goods and services.
Consumer Choice
The decision-making process by which individuals select from available alternatives to maximize their satisfaction.
Income Rises
An increase in the amount of money earned from work, investments, or other sources over a period of time.
Particular Good
A specific item or product that is distinguished by its unique characteristics and attributes, offering distinct benefits to the consumer.
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