Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 1, Problem 16CE

AVX Home Entertainment, Inc., recently began a “no-hassles” return policy. A sample of 500 customers who recently returned items showed 400 thought the policy was fair, 32 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.

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According to Inc.com, 71% of job seekers used social media in their job search in 2018. Many believe this number is inflated by the proportion of 22- to 30-year-old job seekers who use social media in their job search. A survey of 22- to 30 -year-old job seekers showed that 310 of the  370 respondents use social media in their job search. In addition, 275 of the 370 respondents indicated they have electronically submitted a resume to an employer.
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