TABLE 9-8
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 sample of 200 browsers at the redesigned site was selected.Suppose that 24 browsers made a purchase.The company officials would like to know if there is evidence of an increase in conversion rate at the 5% level of significance.
-Referring to Table 9-8,the parameter the company officials are interested in is
A) the mean number of browsers who buy something in their visit to the company's website.
B) the total number of browsers who buy something in their visit to the company's website.
C) the mean number of company officials who buy something in their visit to the company's website.
D) the proportion of browsers who buy something in their visit to the company's website.
Correct Answer:
Verified
Q122: TABLE 9-8
One of the biggest issues facing
Q129: TABLE 9-7
A major home improvement store conducted
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One of the biggest issues facing
Q143: TABLE 9-9
The president of a university claimed
Q148: TABLE 9-8
One of the biggest issues facing
Q153: TABLE 9-9
The president of a university claimed
Q155: TABLE 9-8
One of the biggest issues facing
Q156: TABLE 9-9
The president of a university claimed
Q156: TABLE 9-8
One of the biggest issues facing
Q157: TABLE 9-9
The president of a university claimed
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