Based on past surveys over several years, a small business believes that 85% of their customers are satisfied with their services. Due to the recent conditions, changes in policy and additional charges, the business decides to select a random sample of 20 recent customers and ask them if they are satisfied with their services. If the number of satisfied customers in the sample is 16 or fewer, the business will conclude that this is an indication of a need for improvement in customer service and they will try to determine ways to provide it. What is the probability that the results of the sample will indicate a need to improve customer service?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Based on past surveys over several years, a small business believes that 85% of their
customers are satisfied with their services. Due to the recent conditions, changes
policy and
additional charges, the business decides to select a random sample of 20 recent customers
and ask them if they are satisfied with their services. If the number of satisfied customers in the
sample is 16 or fewer, the business will conclude that this is an indication of a need for
improvement in customer service and they will try to determine ways to provide it. What is the
probability that the results of the sample will indicate a need to improve customer service?
Transcribed Image Text:Based on past surveys over several years, a small business believes that 85% of their customers are satisfied with their services. Due to the recent conditions, changes policy and additional charges, the business decides to select a random sample of 20 recent customers and ask them if they are satisfied with their services. If the number of satisfied customers in the sample is 16 or fewer, the business will conclude that this is an indication of a need for improvement in customer service and they will try to determine ways to provide it. What is the probability that the results of the sample will indicate a need to improve customer service?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman