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

question 13

Multiple Choice

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 null hypothesis will be rejected if the test statistic is

• A)greater than 1.645
• B)less than 1.645
• C)greater than -1.645
• D)less than -1.645

---

Definitions:

Anti-Federalists Legacy

The influence and principles left behind by the Anti-Federalists, who opposed the ratification of the Constitution, emphasizing states' rights and individual freedoms.

Judicial Review

The power of courts to assess whether a law or governmental action is constitutional.

Bill of Rights

refers to the first ten amendments to the United States Constitution, guaranteeing fundamental rights and protections to American citizens, such as freedom of speech, religion, and assembly.

Ratification

The formal validation of a proposed law or constitutional amendment, usually by vote or consent of authorized legislative bodies or through a referendum.