Business, 28.11.2019 00:31 loveeegabbie7071
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. the company officials can conclude that there is sufficient evidence that the conversion rate at the company's website has increased using a level of significance of 0.05
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