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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 29 browsers made a purchase. The company officials would like to know if there is evidence of an increase in conversion rate. Which of the following is correct? a. H0: p≥ 0.101 versus Hl: p < 0.101, not reject HO at 0.01 level of significance do O b. H0: p ≤ 0.101 versus Hl: p > 0.101, reject HO at 0.01 level of significance O c. H0: p ≤ 0.101 versus Hl: p > 0.101, reject HO at 0.05 level of significance

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 29 browsers made a purchase. The company officials would like to know if there is evidence of an increase in conversion rate. Which of the following is correct? a. H0: p≥ 0.101 versus Hl: p < 0.101, not reject HO at 0.01 level of significance do O b. H0: p ≤ 0.101 versus Hl: p > 0.101, reject HO at 0.01 level of significance O c. H0: p ≤ 0.101 versus Hl: p > 0.101, reject HO at 0.05 level of significance

MATLAB: An Introduction with Applications
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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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 29 browsers made a purchase. The company officials would like to know if there is evidence of an increase in conversion rate. Which of the following is correct? a. H0: p≥ 0.101 versus Hl: p < 0.101, not reject HO at 0.01 level of significance O b. H0: p ≤ 0.101 versus Hl: p > 0.101, reject Ho at 0.01 level of significance O c. H0: p ≤ 0.101 versus Hl: p > 0.101, reject HO O d. H0: p≥ 0.101 not reject HO significance do at 0.05 level of significance versus Hl: p < 0.101, at 0.05 level of do
Transcribed Image Text: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 29 browsers made a purchase. The company officials would like to know if there is evidence of an increase in conversion rate. Which of the following is correct? a. H0: p≥ 0.101 versus Hl: p < 0.101, not reject HO at 0.01 level of significance O b. H0: p ≤ 0.101 versus Hl: p > 0.101, reject Ho at 0.01 level of significance O c. H0: p ≤ 0.101 versus Hl: p > 0.101, reject HO O d. H0: p≥ 0.101 not reject HO significance do at 0.05 level of significance versus Hl: p < 0.101, at 0.05 level of do
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