STAT. TECH. FOR BUSINESS AND ECO (LL)
STAT. TECH. FOR BUSINESS AND ECO (LL)
18th Edition
ISBN: 9781265679637
Author: Lind
Publisher: MCG
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Chapter 1, Problem 16CE

AVX Home Entertainment, Inc., recently began a “no-hassles” return policy. A sample of 500 customers who recently returned items showed 400 thought the policy was fair, 32 thought it took too long to complete the transaction, and the rest had no opinion. On the basis of this information, make an inference about customer reaction to the new policy.

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