In marketing, response modeling is a method for identifying customers most likely to respond to an advertisement. Suppose that in past campaigns 23.8% of customers identified as likely respondents did not respond to a nationwide direct marketing campaign. After making improvements to their model, a team of marketing analysts hoped that the proportion of customers identified as likely respondents who did not respond to a new campaign would decrease. The analysts selected a random sample of 1500 customers and found that 315 did not respond to the marketing campaign.

The marketing analysts want to use a one-sample z-test to see if the proportion of customers who did not respond to the advertising campaign, p, has decreased since they updated their model. They decide to use a significance level of α= 0.01.

Required:
a. Determine the value of the z-statistic. Give your answer precise to at least two decimal places.
b. Determine the p-value for this test. Give your answer precise to at least three decimal places.

Answers

Answer 1

Answer:

a) The value of the z-statistic is z = -2.55.

b) The p-value for this test is 0.0054.

Step-by-step explanation:

Suppose that in past campaigns 23.8% of customers identified as likely respondents did not respond to a nationwide direct marketing campaign. Test if this proportion has decreased:

This means that at the null hypothesis we test that if the proportion is still 0.238, that is:

[tex]H_0: p =0.238[/tex]

And at the alternate hypothesis we test if the proportion has decreased, that is:

[tex]H_a: p < 0.238[/tex]

The test statistic is:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis, [tex]\sigma[/tex] is the standard deviation and n is the size of the sample.

0.238 is tested at the null hypothesis:

This means that [tex]\mu = 0.238, \sigma = \sqrt{0.238*0.762}[/tex]

The analysts selected a random sample of 1500 customers and found that 315 did not respond to the marketing campaign.

This means that [tex]n = 1500, X = \frac{315}{1500} = 0.21[/tex]

a. Determine the value of the z-statistic. Give your answer precise to at least two decimal places.

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

[tex]z = \frac{0.21 - 0.238}{\frac{\sqrt{0.238*0.762}}{\sqrt{1500}}}[/tex]

[tex]z = -2.55[/tex]

The value of the z-statistic is z = -2.55.

b. Determine the p-value for this test. Give your answer precise to at least three decimal places.

The p-value of the test is the probability of finding a proportion below 0.21, which is the p-value of z = -2.55.

Looking at the z-table, z = -2.55 has a p-value of 0.0054

The p-value for this test is 0.0054.


Related Questions

What closed figure do the coordinates 3,3), (-5,3), (-1, -3), (3, -3) make?

Answers

Answer:

(8,-4) Correct me if there's wrong QwQ

Help plzzzzz fast and no links

Answers

Answer:

x=60

Step-by-step explanation:

I am going to try to explain this to the best of my abilities, but if you dont understand please let me know and I'll clarify. There is a straight ine tha that equals 180, so you do 180-120=60

what is the area and circumference please help just tell only the answer

Answers

the area is 547.39
the circumference is 84.19
hope this helped :)

Circumference = 82.896 inches

Area = 547.1136 inches squared

The population of a state is approximately 5 million people. The state is in the shape of a rectangle that is 280 miles by 380 miles. To the nearest whole number, what is the average number of people living on each square mile of the state?

Answers

Answer:

106,400 i think

Step-by-step explanation:

Answer:

47 people live on each square mile of the state

Step-by-step explanation:

5000000 people divided by (280 x 380) square miles

is 47 people per 1 square mile

If a conversion rate of 8 dollars is worth 13 euros, how many euros do you get
when you convert 500 dollars?

Answers

Make these fractions and set them equal to each other with dollars on top, euros on bottom

8/13 =500/x

(Cross multiply)

8x= 6,500

(Divide by 8 to isolate the variable)

x= 812.5

(Euros are paper money, not a coin system and they won’t give you more money than what you gave them so you must round down to the nearest whole number which is 812 Euros)

ANSWER:
812 Euros

Describe fully the single transformation that maps triangle A onto triangle B. please help ASAP​

Answers

Hi how you doing? “Be safe”

Clearly mark on the coordinate plane the location of the ordered pairs and
identify what quadrant they are in.

J (4,0) quadrant ________ and M(-2,-3) quadrant ___________

Answers

Answer:

Point [tex]J(4,0)[/tex] lies on [tex]x-[/tex]axis and point [tex]M(-2,-3)[/tex] lies quadrant III.

Step-by-step explanation:

A coordinate plane is a plane that is divided into four quadrants by the coordinate axes.

Here, coordinate axes are [tex]x-[/tex]axis and [tex]y-[/tex]axis.

Let's first mark the points in the coordinate plane.

See the attached figure.

From the figure, it can be observed that point [tex]J(4,0)[/tex] lies on [tex]x-[/tex]axis and point [tex]M(-2,-3)[/tex] lies quadrant III.

Please help with this Ive been stressing out lately and I want a break I'll give hearts and 5 stars.

Answers

Answer:

8.8584073464

Step-by-step explanation:

area of the rectangle is 12

area of the circle is just pie

subtract the two and you get 8.8584073464

Answer:

Step-by-step explanation:

BRAINLIEST if correct NO LINKs

Answers

Answer:

just divide its simple

Step-by-step explanation:

from the left triangle (70) to the right triangle (23) it is a reduction of .329

How long will it take $3000 to earn $900 interest at 6% simple interest?
20 points and brainly ;)

Answers

Answer:

5 years

Step-by-step explanation:

3000x.06=180 interest per year.

900/180 =5 years to earn 900 interest.

Emily has a coupon for 10%off of her purchase at the store. she finds a backpack that she likes on the discount rack. it’s original price is $60 but everything on the rack comes with the 30% discount. Emily says 10% and 40% make 50% so it will cost $30 is Emily correct explain what price will Emily pay for the backpack

Answers

Answer:

It is true that 20% and 30% make 50%. But in the context of sale prices it is essential to keep track of the wholes to which these percents apply. For the backpack, the 30% discount applies to the original $60 price: 30% of $60 is 0.3×60=18 making the discount on the backback $18. So after using the coupon, the backpack price becomes $42. Emily's additional 20% coupon applies not to the original backpack price but to the discounted price of $42: 20% of $42 is $8.40. Emily would need to save an additional $12 off the $42 price in order to buy the backpack for $30 so her calculations are not correct.

As seen in part (a), Emily's coupon lowers the discount rack price by $8.40 so she will pay

42−8.40=33.60

or $33.60.

Step-by-step explanation:

Use elimination to find the solution to the system of equations. 9x + 2y = 59
2x + 5y = 4 (Answers below)​

Answers

Answer:

????????????????????

Answer:

Step-by-step explanation:

9x + 2y = 59 -> 9x = 59 - 2y -> x = (59-2y)/9

2x + 5y = 4 -> 2(59-2y)/9 + 5y = 4 -> (118 - 4y)/9 +5y = 4

118 - 4y + 45y = 4*9 -> 41y = -82 -> y = -2, thus x = 7

The diameter of a circle is 1. What is the area??

Answers

Answer:

diameter=1

radius(r)=1/2 =0.5

area of circle=πr²

22/7×(0.5)²22/7×0.250.785cm²

hope it helps.

A rectangular tank measuring 35 cm by 28 cm by 16 cm is 2/5 filled with
water. The water is poured into an empty cubical tank of edge 18 cm until
it is full. How much water is left in the rectangular tank? Give your answer
in millilitres.

Answers

Answer:

Amount of water left in tank = 440 cm³

Step-by-step explanation:

Given:

Sides of tank respectively = 35 cm , 28 cm , 16 cm  

Water level in tank = 2/5

Side of a cubic tank = 18 cm

Find:

Amount of water left in tank

Computation:

Volume level in rectangular tank = [2/5][35 x 28 x 16]

Volume level in rectangular tank = [2/5][15,680]

Volume level in rectangular tank = [31,360/5]

Volume level in rectangular tank = 6,272 cm³

Volume of cube = side³

Volume of cube = 18³

Volume of cube = 5,832 cm³

Amount of water left in tank = Volume level in rectangular tank - Volume of cube

Amount of water left in tank = 6,272 - 5,832

Amount of water left in tank = 440 cm³

A piece of aluminum that is 20 cm³ has a mass of 54 g.
a. What is the density of the aluminum?

Answers

2.7 grams/ cm ³ , it will float

Here is my question it is worth 15 points!

Answers

Answer:

What is your question????

Answer:

you don't have a question here tho

Step-by-step explanation:

what is the absolute value of the complex number −4−i 2√?

Answers

Answer:

-4-i2

The absolute value is the Square root of the real and Imaginary Parts of the Complex No

= √(-4)²+(-2)²

=√16+4

=√20

=2√5

Oak Street and Elm Street run parallel to each other. When Main Street
intersects them, it forms exterior 28, measuring 60°. What is the-
measure of
22?

Answers

Answer:

100degrees

Step-by-step explanation:

From the given diagram;

<2 = <6 (corresponding angle)

Since <6 + 80 = 180

<6 = 180 - 80

<6 = 100 degrees

Since <2 = <6, hence <2 = 100degrees

Evaluate 4 ÷ 3/5 Give your answer as a mixed number in its simplest form.​

Answers

9514 1404 393

Answer:

  6 2/3

Step-by-step explanation:

  4/(3/5) = (4/1)×(5/3) = 20/3 = 6 2/3

Solve for
X/11=10/12

Give your answer as an improper
fraction in its simplest form.​

Answers

12x = (10)(11)

12x=110

x=110÷12

x=55/6

1. What is the opposite of -17

Answers

Answer:

Step-by-step explanation:

17

17 is the opposite my friend.

The diameter of a circle is 4 meters. What is the circles circumference

Answers

Answer:

12.56m²

Step-by-step explanation:

So the formula for the circumference of a circle is π x diameter, so we just have to plug into our equation (we're using 3.14 as π):

3.14 x 4 = 12.56

So the circumference of your circle is 12.56 meters²

hope this helps:)

Sarah rode her bike 54km in 4hours what’s her average speed?

Answers

Answer:5.4 km

Step-by-step explanation:

I rly need help this is a diagnostic test and if I fail it I will be in sooo soo much trouble? Plz help

Answers

Answer:

1/3P

Step-by-step explanation:

P/3 is equal to 1/3P

lus
Find the expected value of a
random variable x having the
following probability distribution.
5
1
0
1
8
Probability
12
16
U22
112
1
2

Answers

Well formatted version of question:

Find the expected value of a random variable x having the following probability distribution.

x (-5,-1,0,1,5,8)

Probability (.12, .16, .28, .22, .12, .1)

Answer:

0.86

Step-by-step explanation:

The expected value E(X) is calculated as :

E(X) = Σ(x * p(x))

(-5)(0.12) + (-1)(0.16) + (0)(0.28) + 1(0.22) + 5(0.12) + 8(0.10)

-0.6 + -0.16 + 0 + 0.22 + 0.6 + 0.8

= 0.86

Find the area of this trapezoid. Be sure to include the correct unit in your answer.

Answers

Answer:

60 m²

Step-by-step explanation:

Area of trapezium = 1/2 (a + b) h

= 1/2 (3 + 17) 6

= 1/2 * 20 * 6

= 60 m²

Answer: 60 m^2

Step by step solution: see photo

Write the log equation as an exponential equation. You do not need to solve for x.
log (x-6) (6) = 3x – 5

Answers

Answer:

(x-6)^3x-5 =6

Step-by-step explanation:

logb a=c ------>  b^c =a

MATHS
1. Caleulate the area of a rectangle of length
250cm and width 200cm.
2. A square room is 650cm long. Find the area in:
(i) square centimeter (ii) square metres​

Answers

Answer:

1. 50000

2.

i 274625000cm

ii 274.625m

Step-by-step explanation:

1. Area of a rectangle: length*width

250*200=50000cm

2. Volume of a cube: length^3

i 650^3=274625000cm

ii 650 cm=6.5m; 6.5^3=274.625m

Yup that person is right ...

Question 8
8. Ray is making face masks and needs to
purchase elastic cord. He needs 10.25 cm
elastic cord for each face mask. He orders 20
m of elastic cord. If he doesn't want any of
the cord to be wasted, what is the least
amount of extra cord that he would need to
add to his order of 20 m?
A.
B.
9 cm
10.25 cm
C.
D.
20.09 m
20.9 m

Answers

9514 1404 393

Answer:

  B.  9 cm

Step-by-step explanation:

The number of face masks Ray can make with 20 m of cord is ...

  (20 m)(100 cm/m)/(10.25 cm/mask) = 195.12195 masks

To make one more mask, he will need to buy an additional amount of ...

  (196 -195.12195)×(10.25 cm) ≈ 9.00 cm

Ray would need to add 9 cm of cord to his order.

The Brazos River is the longest river in Texas with a length of 1, 352 km. The elevation of the source is 453 m above sea level, and the mouth is the Gulf of Mexico, with an elevation of m above sea levelAt what angle does the Brazos River flow, on average , in degrees ? (Round to the nearest hundredth .)

Answers

Answer:

0.02degrees

Step-by-step explanation:

Given the following

Length of the river (adjacent) = 1352km = 1352000m

Height of the source (opposite) = 453m

Required

angle of elevation theta

Using the SOH CAH TOA identity

tan theta = opposite/adjacent

tan theta = 453/1352000

tan theta = 0.0003351

theta = arctan(0.0003351)

theta = 0.02 degrees

Hence the Brazos river flows at an angle of 0.02degrees to the nearest hundredth

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