Suppose the CEO of a company states that 90% of it's customers are very satisfied with it's services. A random sample survey of customers is conducted to see if the satisfaction rate is less than the CEO states and a P-value of 0.023 was obtained for the sample proportion of 80%. Interpret the meaning of this P-value in this context. Notes for this problem: o lam asking you to tell me what the P-value of 0.023 tells us about the particular values (90%, 80%) and for the company's customers. • lam not looking for the definition of a P-value. o l am not asking for whether you reject H, or fail to reject H.

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Statements and Logic

Logic is the analysis of general patterns of thoughts without regard to any specific sense of context.