Math Problem Statement
An airline company is interested in improving customer satisfaction rate from the 50% currently claimed. The company sponsored a survey of 244 customers and found that 130 customers were satisfied. Determine whether sufficient evidence exists that the customer satisfaction rate is higher than the claim by the company. What is the test statistic ?What is the -value?Does sufficient evidence exist that the customer satisfaction rate is different than the claim by the company at a significance level of ?Round to two decimal places.Round the -value to three decimal places.
Solution
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Math Problem Analysis
Mathematical Concepts
Hypothesis Testing
Population Proportion
One-Tailed Test
p-value
Formulas
Sample Proportion: p̂ = x/n
Test Statistic for Proportion: z = (p̂ - p₀) / sqrt[(p₀(1 - p₀) / n)]
Theorems
Central Limit Theorem
Standard Normal Distribution
Suitable Grade Level
Undergraduate Statistics or Advanced High School
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