A home improvement company is interested in improving customer satisfaction rate from the 78% currently claimed. The company sponsored a survey of 124 customers and found that 104 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: 2.22 + 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 = 0.1? Select v

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A home improvement company is interested in improving customer satisfaction rate from the 78% currently
claimed. The company sponsored a survey of 124 customers and found that 104 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: 2.22
What is the p-value? Ex: 0.123
Does
ficient evidence exist that the customer satisfaction rate
different than the claim by the company
at a significance level of a = 0.1?
Select
Transcribed Image Text:A home improvement company is interested in improving customer satisfaction rate from the 78% currently claimed. The company sponsored a survey of 124 customers and found that 104 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: 2.22 What is the p-value? Ex: 0.123 Does ficient evidence exist that the customer satisfaction rate different than the claim by the company at a significance level of a = 0.1? Select
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