Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. state your decision to the significance test in te

State your decision to the significance test in terms of the null hypothesis Consumer data...

90.2K

Verified Solution

Question

Statistics

image

State your decision to the significance test in terms of the null hypothesis Consumer data reports that 50 of shoppers who enter a store on Black Friday end up making a purchase In order to receive a bonus for their efforts the marketing department of an electronics retailer must show that their stores have exceeded this proportion A random sample of 320 Black Friday customers found that 176 of them ending up making a purchase Use the following results and a 0 01 significance level to state your decision about Ho Ho p 0 50 0 H p 0 50 Test statistic z 1 79 p value 0 0368 W There is not enough information Reject Ho Reject H

Answer & Explanation Solved by verified expert
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

Accounting
1.2K views

Your friend is the accountant for Jackrabbit Inc., a computerserver startup company. The friend...

Finance
1.2K views

Calculate the Pay-off Period for an IS project that has a $200,000 development cost in year...

Electrical Engineering
1.2K views

Problem 5: The following data refers to a 10-pole, 200 V, 50 Hz, 3 phase induction...

General Management
1.2K views

product Idea and Search Engines/Electronic Marketing 1.  Develop a product service idea. A. Describe the product/service including the...

Basic Math
1.2K views

A? gender-selection technique is designed to increase the likelihood that a baby will be a girl....

Biology
1.2K views

The smaller the retention factor the more soluble an analyte is,TrueFalse

Physics
1.2K views

A bomb of mass 3 0 kg at rest explodes in a into two pieces...

Calculus
1.2K views

S 1 2 x dx converges What are all values of p for which A...

Algebra
1.2K views

An initial investment of 2000 grows at an annual interest rate of 7 compounded continuously...

Accounting
1.2K views

Compute the Federal income tax payable and in doing so use the Tax Rate Schedule...

Accounting
1.2K views

Direct materials (30 Ibs. @ $4 per Ib.) $ 120.00 Direct labor (5...

Accounting
1.2K views

c. List Omani companies that set standards for delivery of services. d. Explain the importance...