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

question 165

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

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Definitions:

Recruitment Sources

Various channels through which potential job candidates can be found, including online job boards, recruitment agencies, and social media platforms.

Private Employment Agencies

Businesses that match employers with job seekers for a fee, offering services ranging from temporary to permanent placement.

Blue-Collar

Blue-collar refers to types of employment or workers involved in manual labor or skilled trades, often involving physical work.

White-Collar

Referring to employees who perform professional, managerial, or administrative work, typically contrasted with blue-collar workers who do manual labor.