State your decision to the significance test in terms of the null hypothesis. Consumer data reports that 50% of shoppers who enter a store on Black Friday end up making a purchase. In order to receive a bonus for their efforts, the marketing department of an electronics retailer must show that their stores have exceeded this proportion. A random sample of 320 Black Friday customers found that 176 of them ending up making a purchase. Use the following results and a 0.01 significance level to state your decision about Ho- Но : р— 0.50 Ні : р>0.50 Test statistic: z = 1.79 p-value = 0.0368 There is not enough information. Reject Ho Reject H1 Do not reject Ho Do not reject H1

State your decision to the significance test in terms of the null hypothesis. Consumer data reports that 50% of shoppers who enter a store on Black Friday end up making a purchase. In order to receive a bonus for their efforts, the marketing department of an electronics retailer must show that their stores have exceeded this proportion. A random sample of 320 Black Friday customers found that 176 of them ending up making a purchase. Use the following results and a 0.01 significance level to state your decision about Ho- Но : р— 0.50 Ні : р>0.50 Test statistic: z = 1.79 p-value = 0.0368 There is not enough information. Reject Ho Reject H1 Do not reject Ho Do not reject H1

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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