In the past 92% of a company’s customers have said they would buy from them again. The customer relations department thinks that the current proportion is greater. In order to test this claim, they interview 50 customers, of whom 48 say they would shop with this company again. Find the p-value (the observed significance) of the test.

In the past 92% of a company’s customers have said they would buy from them again. The customer relations department thinks that the current proportion is greater. In order to test this claim, they interview 50 customers, of whom 48 say they would shop with this company again. Find the p-value (the observed significance) of the test.

Name: In the past 92% of a company’s customers have said they would buy from
Uploaded: 2024-03-20T07:07:00.000Z
Channel: Bartleby
Description: In the past 92% of a company’s customers have said they would buy from them again. The customer relations department thinks that the current proportion is greater. In order to test this claim, they interview 50 customers, of whom 48 say they would sh