Question: An online retailer would like to know whether the proportion of customers who visit the site and make a purchase is different than 50%. A

 An online retailer would like to know whether the proportion of

An online retailer would like to know whether the proportion of customers who visit the site and make a purchase is different than 50%. A simple random sample of customers is taken. The results of the sample are shown below. Customer sample What is the population parameter? made a purchase 45 Observations 120 Pick Confidence Level 99% Critical value -2.58 What condition for using a z-distribution is met? test statistic (z) -2.74 p-value 0.006 Pick What is the level of significance? Ex: 0.12 What is the null hypothesis Ho? Pick What is the alternative hypothesis H.? Pick Should Ho be rejected or does Ho fail to be rejected? Pick What conclusion can be drawn from the data? Pick v evidence exists to support the claim that the number of customers who visit the site and make a purchase is not 50%

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