Question
A home improvement company is interested in improving customer satisfaction rate from the 70% currently claimed. The company sponsored a survey of 192 customers
A home improvement company is interested in improving customer satisfaction rate from the 70% currently claimed. The company sponsored a survey of 192 customers and found that 143 customers were satisfied. Determine whether sufficient evidence exists that the customer satisfaction rate is different than the claim by the company. What is the test statistic z? Ex: 1.23 What is the p-value? Ex: 0.456 Does sufficient evidence exist that the customer satisfaction rate is different than the claim by the company at a significance level of a = 0.05? Select+
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Business Statistics For Contemporary Decision Making
Authors: Black Ken
8th Edition
978-1118494769, 1118800842, 1118494768, 9781118800843, 978-1118749647
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