What are the approximate probabilities for the following situations for a random sample of 1000 individuals who have purchased fries at McDonald's?

In response to concerns about nutritional contents of fast foods, McDonald's has announced that it will use a new cooking oil for its french fries that will decrease substantially trans fatty acid levels and increase the amount of more beneficial polyunsaturated fat. The company claims that 97 out of 100 people cannot detect a difference in taste between the new and old oils. Assuming that this figure is correct (as a long-run proportion), what are the approximate probabilities for the following situations for a random sample of 1000 individuals who have purchased fries at McDonald's? (If necessary, use the normal approximation to binomial, NOT the sampling distribution of p.)

(a) At least 43 can taste the difference between the two oils? (Round your answer to four decimal places.)

(b) At most 6% can taste the difference between the two oils? (Round your answer to four decimal places.)

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Expert Solution

milcah answered 2 years ago

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