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

question 42

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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, the null hypothesis will be rejected if the test statistic is


Definitions:

Alliance System

A system of agreements and treaties between countries that provides mutual defense and support in case of a conflict, often considered a cause of World War I.

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Goods that are illegal to be imported or exported.

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were the U.S. infantrymen during World War I, known for their role in the European theater of the war.

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