A direct mail appeal for contributions from a university’s alumni and supporters is considered to be too costly if less than 11%11% of the alumni and supporters provide monetary contributions. To determine if a direct mail appeal is cost effective, the fundraising director sends the direct mail brochures to a simple random sample of 152152 people on the alumni and supporters mailing lists. They receive monetary contributions from 1010 people. Does this evidence demonstrate that the direct mail campaign is not cost effective? Use a 0.020.02 level of significance. Step 2 of 3 : Compute the value of the test statistic. Round your answer to two decimal places.

A direct mail appeal for contributions from a university’s alumni and supporters is considered to be too costly if less than 11%11% of the alumni and supporters provide monetary contributions. To determine if a direct mail appeal is cost effective, the fundraising director sends the direct mail brochures to a simple random sample of 152152 people on the alumni and supporters mailing lists. They receive monetary contributions from 1010 people. Does this evidence demonstrate that the direct mail campaign is not cost effective? Use a 0.020.02 level of significance. Step 2 of 3 : Compute the value of the test statistic. Round your answer to two decimal places.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter11: Data Analysis And Probability

Section: Chapter Questions

Problem 8CR

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