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Suppose That The National Average Response Invent Youself/tutorialoutletdotcom

FOR MORE CLASSES VISIT<br>www.tutorialoutlet.com<br><br>Suppose that the national average response rate for rebates is 10% (i.e., 10% of people offered rebates actually send in the information). Your company recently ran rebates in 15 test markets and had an average response rate of 12%. Is your response rate different than the market average?<br>a) what are the appropriate hypotheses?<br>b) what is the critical value for alpha = 10%? <br>c) what is the value of the test statistic? <br>

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Suppose That The National Average Response Invent Youself/tutorialoutletdotcom

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  1. Suppose That The National Average tutorialoutlet.com

  2. Suppose That The National Average tutorialoutlet.com Suppose that the national average response rate for rebates is 10% (i., 10% of people offered rebates actually send in the information) FOR MORE CLASSES VISIT www.tutorialoutlet.com Suppose that the national average response rate for rebates is 10% (i.e., 10% of people offered rebates actually send in the information). Your company recently ran rebates in 15 test markets and had an average response rate of 12%. Is your response rate different than the market average? a) what are the appropriate hypotheses? b) what is the critical value for alpha = 10%?        c) what is the value of the test statistic?           d) what is the p-value associated with your test statistic >          

  3. Suppose That The National Average tutorialoutlet.com

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