In 2008 the better business bureau settled 75 of complaints


Question: In 2008 the Better Business Bureau settled 75% of complaints they received (USA Today, March 2, 2009). Suppose you have been hired by the Better Business Bureau to investigate the complaints they received this year involving new car dealers. You plan to select a sample of new car dealer complaints to estimate the proportion of complaints the Better Business Bureau is able to settle. Assume the population proportion of complaints settled for new car dealers is .75, the same as the overall proportion of complaints settled in 2008.

Solution Preview :

Prepared by a verified Expert
Mathematics: In 2008 the better business bureau settled 75 of complaints
Reference No:- TGS02379654

Now Priced at $10 (50% Discount)

Recommended (92%)

Rated (4.4/5)