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VX Home Entertainment Inc recently began a "no-hassles" return policy. A sample of 535 customers who recently returned items howed 300 thought the policy was fair, 190 thought it took too long to complete the transaction, and the rest had no opinion. On t masis of this information, make an inference about customer reaction to the new policy. (Roun your answers to 1 decimal place.) Customer Reaction Fair Too long No opinion Percent

VX Home Entertainment Inc recently began a "no-hassles" return policy. A sample of 535 customers who recently returned items howed 300 thought the policy was fair, 190 thought it took too long to complete the transaction, and the rest had no opinion. On t masis of this information, make an inference about customer reaction to the new policy. (Roun your answers to 1 decimal place.) Customer Reaction Fair Too long No opinion Percent

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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AVX Home Entertainment Inc recently began a "no-hassles" return policy. A sample of 535 customers who recently returned items showed 300 thought the policy was fair, 190 thought it took too long to complete the transaction, and the rest had no opinion. On the basis of this information, make an inference about customer reaction to the new policy. (Roun your answers to 1 decimal place.) Customer Reaction Fair Too long No opinion Percent % % % The above data suggest that majority of the customers believe the policy is fair believe it took too long to complete the transaction had no opinion
Transcribed Image Text:AVX Home Entertainment Inc recently began a "no-hassles" return policy. A sample of 535 customers who recently returned items showed 300 thought the policy was fair, 190 thought it took too long to complete the transaction, and the rest had no opinion. On the basis of this information, make an inference about customer reaction to the new policy. (Roun your answers to 1 decimal place.) Customer Reaction Fair Too long No opinion Percent % % % The above data suggest that majority of the customers believe the policy is fair believe it took too long to complete the transaction had no opinion
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