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

question 41

Short Answer

SCENARIO 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 sample 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 Scenario 9-8,state the null hypothesis for this study.

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Definitions:

Disease X

A placeholder name used by the World Health Organization (WHO) to describe a hypothetical, unknown pathogen that could cause a future epidemic.

Physical Inactivity

A lifestyle characterized by insufficient physical activity, which can lead to health problems such as obesity and chronic diseases.

Colon Cancer

A type of cancer that begins in the colon (the longest part of the large intestine), characterized by the growth of tumors in the colon's inner lining.

Causal Relationship

A connection between variables where a change in one directly causes a change in the other.