5. A telephone sales solicitor, trying to decide between two alternative sales pitches, randomly alternated between...

90.2K

Verified Solution

Question

Statistics

5. A telephone sales solicitor, trying to decide between twoalternative sales pitches, randomly alternated between them duringa day of calls. Using approach A, 20% of 100 calls led to requestsfor the mailing of additional product information. For approach Bin another 100 calls, only 14 % led to requests for the productinformation mailing.

.At the 0.05 significance level, can we conclude that thedifference in results was due to chance?

- Construct the 95% confidence level for the difference betweenpopulation proportions (π1 - π2).

- Identify and interpret the p-value for the test.

ANSWER MUST FOLLOW THIS FORMAT:

Define H0 :
Define H1 :
Test statistic
Critical value of test statistic
Decision rule
Calculated value of test statistic
Reject or fail to reject H0?
Conclusion about differences in sales pitches
95% confidence interval for difference between proportions
Find the p-value
Interpret p-value

Answer & Explanation Solved by verified expert
4.2 Ratings (549 Votes)
Define H0 Define H1 Test statistic For difference in proportionswe will calculate z test statistic to conduct twoproportionztestCritical value of test statistic 196 fortwotail tests and 005 significance levelDecision rule Reject H0 is the test statisticis less than    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students