SCENARIO 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 Scenario 9-8,the null hypothesis would be rejected.

Question

Quizplus · Accepted Answer

The null hypothesis would not be rejected based on the information provided because the sample conversion rate (24/200 = 12%) is not significantly higher than the previous conversion rate of 10.1% without conducting a statistical test to compare the proportions at the 5% significance level.

SCENARIO 9-8 One of the Biggest Issues Facing E-Retailers Is the Ability