A home improvement company is interested in improving customer satisfaction rate from the 71% currently claimed. The company sponsored a survey of 262 customers and found that 199 customers were satisfied. What is the test statistic z? Ex: 2.223 What is the p-value? Ex: 0.123 Does sufficient evidence exist that the customer satisfaction rate is different than the claim by the company at a significance level of a = 0.01? Select v

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A home improvement company is interested in improving customer satisfaction
rate from the 71% currently claimed. The company sponsored a survey of 262
customers and found that 199 customers were satisfied.
What is the test statistic 2? Ex: 2.223
What is the p-value? Ex: 0.123
Does sufficient evidence exist that the customer satisfaction rate is different than
the claim by the company at a significance level of a = 0.01? Select v
Transcribed Image Text:A home improvement company is interested in improving customer satisfaction rate from the 71% currently claimed. The company sponsored a survey of 262 customers and found that 199 customers were satisfied. What is the test statistic 2? Ex: 2.223 What is the p-value? Ex: 0.123 Does sufficient evidence exist that the customer satisfaction rate is different than the claim by the company at a significance level of a = 0.01? Select v
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