MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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A home improvement company is interested in improving customer satisfaction rate from the 62% currently claimed. The company sponsored a survey of 194 customers and found that 133 customers were satisfied. Determine whether sufficient evidence exists that the customer satisfaction rate is different than the claim by the company.

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A home improvement company is interested in improving customer satisfaction rate from the 62% currently
claimed. The company sponsored a survey of 194 customers and found that 133 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 ✓
Check
1
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Transcribed Image Text:Jump to level 1 A home improvement company is interested in improving customer satisfaction rate from the 62% currently claimed. The company sponsored a survey of 194 customers and found that 133 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 ✓ Check 1 Next 2 3
Expert Solution
Check Mark
Step 1

Given that

n=194, p=62%

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