Solution-Find the critical value the company officials

Find the critical value the company officials

Reference no: EM132040923

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 a 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. how do I find the critical value the company officials use to determine the rejection region

Reference no: EM132040923

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Find the critical value the company officials : The company officials would like to know if there is evidence of an increase in conversion rate at the 5% level of significance.

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Find the critical value the company officials

Reference no: EM132040923

Reference no: EM132040923

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