A real estate broker advertises a 95% satisfaction rate for customers selling a house with her compa


Question: A real estate broker advertises a 95% satisfaction rate for customers selling a house with her company. A random sample of 50 customers shows that 43 were satisfied with her work. Does the data support her claim at 90% confidence? If we found out that her prediction of 95% was in fact true, what type of error was made [none, Type I or Type II], and why.

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Solution: The answer consists of 2 pages
Deliverable: Word Document

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