Question
A home improvement company is interested in whether the customer satisfaction rate is different from the 64% currently claimed. The company sponsored a survey of
A home improvement company is interested in whether the customer satisfaction rate is different from the 64% currently claimed. The company sponsored a survey of 181 customers and found that 125 customers were satisfied.
What is the test statistic z ?
What is the p-value?
Does sufficient evidence exist that the customer satisfaction rate is higher than the claim by the company at a significance level of 0.01?
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Elementary Number Theory With Applications
Authors: Thomas Koshy
2nd Edition
0080547095, 9780080547091
