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

question 50

Essay

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 largest level of significance at which the null hypothesis will not be rejected is ________.

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Definitions:

Tardive Dyskinesia

Neurological disorder marked by involuntary movements of the tongue, face, mouth, or jaw, resulting from taking neuroleptic drugs.

Socioeconomic Class

A division of society based on social and economic status, influencing access to resources and opportunities.

Schizophrenia

A mental disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.

Socioeconomic Classes

Categories of people based on their economic status, including income, education, occupation, and social status.