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An airline company recently boasted about its 73% customer satisfaction rate. A corporate watchdog group believes that this percentage is greatly exaggerated, and the

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An airline company recently boasted about its 73% customer satisfaction rate. A corporate watchdog group believes that this percentage is greatly exaggerated, and the real percentage of satisfied customers is lower than 73%. The group randomly surveyed 846 recent customers of this airline and found that only 585 reported being satisfied with the airline. Using a significance level of 5%, test the hypothesis that the proportion of satisfied customers of this airline is less than 73%. Use the critical value method. State the null and alternative hypothesis for this test. Ho? H1 Determine if this test is left-tailed, right-tailed, or two-tailed. left-tailed right-tailed two-tailed Should the standard normal (2) distribution or Student's (t) distribution be used for this test? The standard normal (2) distribution should be used The Student's & distribution should be used Determine the critical value(s) for this hypothesis test. Round the solution(s) to two decimal places. If more than one critical value exists, enter the solutions using a comma-separated list. Determine the test statistic. Round the solution to two decimal places. Determine the appropriate conclusion for this hypothesis test. The sample data provide sufficient evidence to reject the alternative hypothesis that the proportion of all customers of this airline that are satisfied is less than 0.73 and thus we conclude that the proportion of all customers of this airline that are satisfied is likely 0.73. The sample data provide sufficient evidence to reject the null hypothesis that the proportion of all customers of this airline that are satisfied is 0.73 and thus we conclude that the proportion of all customers of this airline that are satisfied is likely less than 0.73. The sample data do not provide sufficient evidence to reject the null hypothesis that the proportion of all customers of this airline that are satisfied is 0.73 and thus we conclude that the proportion of all customers of this airline that are satisfied is likely 0.73. The sample data do not provide sufficient evidence to reject the alternative hypothesis that the proportion of all customers of this airline that are satisfied is less than 0.73 and thus we conclude that the proportion of all customers of this airline that are satisfied is likely less than 0.73. Question Help: Video 1 Video 2 Video 3

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