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

question 117

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,what will be the p-value if these data were used to perform a two-tail test?

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Definitions:

Intellectual Disability

A term used when there are limitations in mental functioning and in skills such as communicating, taking care of oneself, and social skills. These limitations will cause a child to learn and develop more slowly than a typical child.

Behavioral Problems

Refers to actions or behaviors that are disruptive or inappropriate compared to the expected norms for a person's age and culture.

Pays Attention

Refers to the act of focusing cognitive resources on a specific stimulus or task, often discussed in the context of learning and perception.

Receptive Language Disorder

A condition characterized by difficulties in understanding or processing language that is heard or read.