Whether you believe customer satisfaction has improved

Assignment Help Basic Statistics

Reference no: EM131380949

Many recent changes have affected the real estate market.4 A study was undertaken to determine customer satisfaction from real estate deals.

Suppose that before the changes, the average customer satisfaction rating, on a scale of 0 to 100, was 77. A survey questionnaire was sent to a random sample of 50 residents who bought new plots after the changes in the market were instituted, and the average satisfaction rating for this sample was found to be 84; the sample standard deviation was found to be s = 28.

Use an α of your choice, and determine whether statistical evidence indicates a change in customer satisfaction. If you determine that a change did occur, state whether you believe customer satisfaction has improved or deteriorated.

Reference no: EM131380949

Questions Cloud

Understanding of key concepts in strategic management : The aim of the Assessment is for you to demonstrate your understanding of key concepts in strategic management and your capacity to craft a professional document. It will be very good preparation for your dissertation

How your personality type influence your job performance : Do you agree with the results of your assessment? Based on the results of your assessment, what do you see as your strengths and weaknesses? How might your personality type influence your job performance?

Does the analyst have statistical evidence : An analyst tests this claim by looking at a random sample of 50 stocks and finds a sample mean of 3.8% and a sample standard deviation of 1.1%. Using α = 0.05, does the analyst have statistical evidence to reject the claim made by the magazine?

Determine your best course of action for bringing project : You have kicked off the District 4 Production Warehouse Move project, your contractors are in place and working on receiving the proper building permits.You originally were told the permits would only take 2 weeks to obtain but the contractors ar..

Whether you believe customer satisfaction has improved : Use an α of your choice, and determine whether statistical evidence indicates a change in customer satisfaction. If you determine that a change did occur, state whether you believe customer satisfaction has improved or deteriorated.

Describe the organization and purpose of chaebols : Explain the organization and purpose of chaebols. Identify the positive and negative characteristics of chaebols for both local and global economy. Also, explain the role they play in the South Korean economy.

Read an article and write a response : Read an article with a clearly named author and write a response to it that uses five quotes from the original. Use a different form of quote set-up for each quote- don't repeat the same one for all five quotes

State same result at different levels of significance : Advise the authority on what should be done. Explain your recommendation. Could you state the same result at different levels of significance? Explain.

What industries or who benefits from the given policies : What role did WTO play in the dispute? What is the country's trade policy and why have they established it? What industries or who benefits from these policies? Does it affect the country's economic structure? If so how?

User Account

All Pages