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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?
Government
The system or group of people governing an organized community, often a state, with the authority to make and enforce laws, and to manage resources and affairs.
Influence
The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.
Informed Citizens
Individuals who are well-educated about public issues, political processes, and the governance of their community, nation, and the world, enabling them to make informed decisions.
Candidates
Individuals who run for political office or are selected to participate in elections or contest for a position.
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