01:26:56 A marketing firm wants to know if there is a difference in the best marketing strategy for new customers compared to returning customers. In order to determine the relationship between marketing strategy and customer type, the following information on number of sales generated is obtained for each group. Is there sufficient evidence at the 0.10 level of significance to conclude that an association exists between marketing strategy and customer type? Observed Sample of Customers Paid Social Web Total search Media retargeting New customer 140 169 164 473 Returning 166 141 149 456 customer Total 306 310 313 929 Copy Data Prev N- Step 3 of 4: Compute the value of the test statistic. Round your answer to three decimal places, if necessary. (Note: If calculating by hand, be sure to use at least six decimal places in numbers all intermediate culations to ensure accuracy of the result.) E Tables E Keypad Answer Keyboard Shortcuts © 2021 Hawkes Learning

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01:26:56 4
A marketing firm wants to know if there is a difference in the best marketing strategy for new customers compared to returning customers. In order
to determine the relationship between marketing strategy and customer type, the following information on number of sales generated is obtained
for each group. Is there sufficient evidence at the 0.10 level of significance to conclude that an association exists between marketing strategy and
customer type?
Observed Sample of Customers
Paid
Social
Web
Total
search
Media
retargeting
New customer
140
169
164
473
Returning
166
141
149
456
customer
Total
306
310
313
929
Copy Data
Prev
N-
Step 3 of 4: Compute the value of the test statistic. Round your answer to three decimal places, if necessary. (Note: If calculating by hand, be sure
to use at least six decimal places in numbers for all intermediate calculati
to ensure accuracy of the result.)
E Tables
E Keypad
Answer
Keyboard Shortcuts
© 2021 Hawkes Learning
QUIS A
Transcribed Image Text:01:26:56 4 A marketing firm wants to know if there is a difference in the best marketing strategy for new customers compared to returning customers. In order to determine the relationship between marketing strategy and customer type, the following information on number of sales generated is obtained for each group. Is there sufficient evidence at the 0.10 level of significance to conclude that an association exists between marketing strategy and customer type? Observed Sample of Customers Paid Social Web Total search Media retargeting New customer 140 169 164 473 Returning 166 141 149 456 customer Total 306 310 313 929 Copy Data Prev N- Step 3 of 4: Compute the value of the test statistic. Round your answer to three decimal places, if necessary. (Note: If calculating by hand, be sure to use at least six decimal places in numbers for all intermediate calculati to ensure accuracy of the result.) E Tables E Keypad Answer Keyboard Shortcuts © 2021 Hawkes Learning QUIS A
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