Eagle Outfitters is a chain of stores specializing in outdoor apparel and camping gear. They are considering a promotion that involves mailing discount coupons to all their credit card customers. This promotion will be considered a success if more than 10% of those receiving the coupons use them. Before going national with the promotion, coupons were sent to a sample of 100 credit card customers. a. Develop hypotheses that can be used to test whether the population proportion of those who will use the coupons is sufficient to go national. : - Select your answer -greater than .10greater than or equal to .10equal to .10less than or equal to .10less than .10not equal to .10Item 1 : - Select your answer -greater than .10greater than or equal to .10equal to .10less than or equal to .10less than .10not equal to .10Item 2 b. Using the sample data below. Develop a point estimate of the population proportion (to 2 decimals). c. Use a=.05 to conduct your hypothesis test. Based on the sample of 100 credit card customers, should Eagle Outfitters go national with the promotion?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
Eagle Outfitters is a chain of stores specializing in outdoor apparel and camping gear. They are considering a promotion that involves mailing discount coupons to all their credit card customers. This promotion will be considered a success if more than 10% of those receiving the coupons use them. Before going national with the promotion, coupons were sent to a sample of 100 credit card customers.
a. Develop hypotheses that can be used to test whether the population proportion of those who will use the coupons is sufficient to go national.
: - Select your answer -greater than .10greater than or equal to .10equal to .10less than or equal to .10less than .10not equal to .10Item 1
: - Select your answer -greater than .10greater than or equal to .10equal to .10less than or equal to .10less than .10not equal to .10Item 2
b. Using the sample data below. Develop a point estimate of the population proportion (to 2 decimals).
c. Use a=.05 to conduct your hypothesis test. Based on the sample of 100 credit card customers, should Eagle Outfitters go national with the promotion?
- Select your answer -Yes, Eagle should go national with the promotionNo, Eagle should not go national with the promotion; a larger sample should be taken
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