**Scenario: Evaluating Customer Satisfaction in a Home Improvement Company**A home improvement company aims to verify its customer satisfaction, which it claims to be at 79%. The company conducted a survey involving 222 customers, out of which 185 reported satisfaction.**Key Questions:**1. **Test Statistic Calculation**: - What is the test statistic $ z $? (Example input format: 2.22)2. **p-value Assessment**: - What is the $ p $-value? (Example input format: 0.123)3. **Statistical Significance Evaluation**: - Is there sufficient evidence to conclude that the customer satisfaction rate is different from the company's claim at a significance level of $ \alpha = 0.05 $? (Selection options are provided)To answer these questions, you would perform a hypothesis test for a proportion to compare the claimed satisfaction rate against the survey results. This involves calculating the test statistic $ z $, determining the corresponding $ p $-value, and comparing it with the significance level to decide if the observed difference is statistically significant.

It is given that sample size n is 222 and the x is 185.

A home improvement company is interested in improving customer satisfaction rate from the 79% currently claimed. The company sponsored a survey of 222 customers and found that 185 customers were satisfied. 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 = 0.05?|Select v

A home improvement company is interested in improving customer satisfaction rate from the 79% currently claimed. The company sponsored a survey of 222 customers and found that 185 customers were satisfied. 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 = 0.05?|Select v

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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