home improvement company is interested in improving customer satisfaction rate from the 62% currently claimed. The company sponsored a survey of 194 customers and found that 133 customers were satisfied. Determine whether sufficient evidence exists that the customer satisfaction rate is different than the claim by the company.
home improvement company is interested in improving customer satisfaction rate from the 62% currently claimed. The company sponsored a survey of 194 customers and found that 133 customers were satisfied. Determine whether sufficient evidence exists that the customer satisfaction rate is different than the claim by the company.
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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A home improvement company is interested in improving customer satisfaction rate from the 62% currently claimed. The company sponsored a survey of 194 customers and found that 133 customers were satisfied. Determine whether sufficient evidence exists that the customer satisfaction rate is different than the claim by the company.
Expert Solution
Step 1
Given that
n=194, p=62%
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