In the model 1 n left parenthesis upper y subscript i right parenthesis equals beta 0 plus beta 1 upper x subscript i plus mu subscript i1nyi=β0+β1xi+μi, the elasticity of upper e left parenthesis upper y vertical line upper x right parenthesise(y x) with respect to x is:

One of every 20 customers reports poor customer service on your company’s customer satisfaction survey. you have just created a new process that should cut the number of poor customer service complaints in half. what percentage of customers would you expect to report poor service after this process is implemented? 1.) 5% 2.) 10% 3.) 2% 4.) 2.5%