A home improvement company is interested in improving customer satisfaction rate from the 80% currently claimed. The company sponsored a survey of 164 customers and found that 138 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? What is the p-value? 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?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 25SGR
icon
Related questions
Question

Can i get some help with the answer for the attached?

A home improvement company is interested in improving customer satisfaction rate from the 80% currently
claimed. The company sponsored a survey of 164 customers and found that 138 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?
What is the p-value?
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?
Transcribed Image Text:A home improvement company is interested in improving customer satisfaction rate from the 80% currently claimed. The company sponsored a survey of 164 customers and found that 138 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? What is the p-value? 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?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 1 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax