A home improvement company is interested in improving customer satisfaction rate from the 51% currently claimed. The company sponsored a survey of 136 customers and found that 76 customers were satisfied. What is the test statistic z? What is the p-value? Does sufficient evidence exist that the customer satisfaction rate is different than the claim by the company at a significance level of α=0.1? Select: _____ Yes OR  _____ No

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.3: Special Probability Density Functions
Problem 16E
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A home improvement company is interested in improving customer satisfaction rate from the 51% currently claimed. The company sponsored a survey of 136 customers and found that 76 customers were satisfied.

What is the test statistic z?

What is the p-value?

Does sufficient evidence exist that the customer satisfaction rate is different than the claim by the company at a significance level of α=0.1?

Select: _____ Yes OR  _____ No

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ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,