Question 2 In the past, 15% of the mail order solicitations for a certain charity resulted in a financial contribution. A new solicitation letter that has been drafted is sent to a sample of 200 people and 45 responded with a contribution. At the 05 significance level can it be concluded that the new letter is more effective?
Question 2 In the past, 15% of the mail order solicitations for a certain charity resulted in a financial contribution. A new solicitation letter that has been drafted is sent to a sample of 200 people and 45 responded with a contribution. At the 05 significance level can it be concluded that the new letter is more effective?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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