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A home improvement company is interested in improving customer satisfaction rate from the 63% currently claimed. The company sponsored a survey of 106 customers and
A home improvement company is interested in improving customer satisfaction rate from the 63%
currently claimed. The company sponsored a survey of 106
customers and found that 74
customers were satisfied.
What is the test statistic z?
What is the p-value?
Does sufficient evidence exist that the customer satisfaction rate is different than the claim by the company at a significance level of =0.05?(yes/no)
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