Using the results obtained for a study on website development below, how would we interpret the results of this hypothesis test? The claim is the percent of customers who abandon a web page due to long load times is different from 34%.The significance level is 0.10.The test statistic is 2.50. Select the correct answer below:Reject H0. There is strong evidence to conclude that the percent of customers who abandon a web page due to long load times is greater than 34%.Reject H0. There is NOT strong evidence to conclude that the percentage of customers who abandon a web page due to long load times is greater than 34%.Fail to reject H0. There is strong evidence to conclude that the percent of customers who abandon a web page due to long load times is greater than 34%.Fail to reject H0. There is NOT strong evidence to conclude that the percentage of customers who abandon a web page due to long load times is greater than 34%.

Statistical hypothesis testing is an important method in inferential statistics. It is used to test…

Answered: Using the results obtained for a study…

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

Related questions

Question

Using the results obtained for a study on website development below, how would we interpret the results of this hypothesis test?

The claim is the percent of customers who abandon a web page due to long load times is different from 34%.
The significance level is 0.10.
The test statistic is 2.50.

Select the correct answer below:

Reject H0. There is strong evidence to conclude that the percent of customers who abandon a web page due to long load times is greater than 34%.

Reject H0. There is NOT strong evidence to conclude that the percentage of customers who abandon a web page due to long load times is greater than 34%.

Fail to reject H0. There is strong evidence to conclude that the percent of customers who abandon a web page due to long load times is greater than 34%.

Fail to reject H0. There is NOT strong evidence to conclude that the percentage of customers who abandon a web page due to long load times is greater than 34%.