A direct mail appeal for contributions from a university’s alumni and supporters is considered to be too costly if less than 11%11% of the alumni and supporters provide monetary contributions. To determine if a direct mail appeal is cost effective, the fundraising director sends the direct mail brochures to a simple random sample of 152152 people on the alumni and supporters mailing lists. They receive monetary contributions from 1010 people. Does this evidence demonstrate that the direct mail campaign is not cost effective? Use a 0.020.02 level of significance. Step 2 of 3 : Compute the value of the test statistic. Round your answer to two decimal places.
A direct mail appeal for contributions from a university’s alumni and supporters is considered to be too costly if less than 11%11% of the alumni and supporters provide monetary contributions. To determine if a direct mail appeal is cost effective, the fundraising director sends the direct mail brochures to a simple random sample of 152152 people on the alumni and supporters mailing lists. They receive monetary contributions from 1010 people. Does this evidence demonstrate that the direct mail campaign is not cost effective? Use a 0.020.02 level of significance. Step 2 of 3 : Compute the value of the test statistic. Round your answer to two decimal places.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A direct mail appeal for contributions from a university’s alumni and supporters is considered to be too costly if less than 11%11% of the alumni and supporters provide monetary contributions. To determine if a direct mail appeal is cost effective, the fundraising director sends the direct mail brochures to a simple random sample of 152152 people on the alumni and supporters mailing lists. They receive monetary contributions from 1010 people. Does this evidence demonstrate that the direct mail campaign is not cost effective? Use a 0.020.02 level of significance.
Step 2 of 3 :
Compute the value of the test statistic. Round your answer to two decimal places.
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