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TABLE 9-8
One of the biggest issues facing e-retailers is the ability to turn browsers into buyers. This is measured by the conversion rate, the percentage of browsers who buy something in their visit to a site. The conversion rate for a company's website was 10.1%. The website at the company was redesigned in an attempt to increase its conversion rates. A samples of 200 browsers at the redesigned site was selected. Suppose that 24 browsers made a purchase. The company officials would like to know if there is evidence of an increase in conversion rate at the 5% level of significance.
-Referring to Table 9-8, what will be the p-value if these data were used to perform a two-tail test?
Acute Mania
A phase of bipolar disorder marked by a high-energy state, potentially involving euphoria, irritability, and rapid thoughts.
Defensive
A psychological behavior involving the protection of oneself from perceived threats or criticism through various strategies, often denying or rationalizing.
Fatigued
A state of extreme tiredness or exhaustion, often resulting from mental or physical exertion or illness.
Bipolar Disorders
Mental health conditions characterized by extreme mood swings that include emotional highs (mania or hypomania) and lows (depression).
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