Question
A home improvement company is interested in improving customer satisfaction rate from the 53% currently claimed. The company sponsored a survey of 194 customers and
A home improvement company is interested in improving customer satisfaction rate from the 53% currently claimed. The company sponsored a survey of 194 customers and found that 113 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 a=0.1?
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Business Statistics For Contemporary Decision Making
Authors: Black Ken
8th Edition
978-1118494769, 1118800842, 1118494768, 9781118800843, 978-1118749647
