A company hopes to improve customer satisfaction, setting as a goal no more than 5% negative comments.

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A company hopes to improve customer satisfaction, setting as a goal no more than 5% negative comments. A random survey of 350 customers found only 10 with complaints.

a) Create a 95% confidence interval for the true level of dissatisfaction among customers.

b) Does this provide evidence that the company has reached its goal? Using your confidence interval, test an appropriate hypothesis, and state your conclusion.

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Related Book For  answer-question

Business Statistics

ISBN: 9780133899122

3rd Canadian Edition

Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright

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