TABLE 9-8 One of the Biggest Issues Facing E-Retailers Is the Ability

question 101

True/False

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, the null hypothesis would be rejected.

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Definitions:

Heterozygous Gene

A genetic condition where two alleles of a particular gene are different, one inherited from each parent, leading to variation in genetic traits.

Phenotype

Phenotype refers to the observable physical or biochemical characteristics of an organism, as determined by both genetic makeup and environmental influences.

Gene

A unit of heredity that is transferred from a parent to offspring and is held to determine some characteristic of the offspring.

Neurons

Cells specialized within the nervous system designed to send information to muscle cells, gland cells, or other nerve cells.