%) of B2B and 246(59%) of B2C marketers commonly use a business social media tool. The study also revealed that 301(51%) of B2B marketers and 248(59%) of B2C marketers commonly use a video social media tool. Suppose the survey was b
%) of B2B and 246(59%) of B2C marketers commonly use a business social media tool. The study also revealed that 301(51%) of B2B marketers and 248(59%) of B2C marketers commonly use a video social media tool. Suppose the survey was b
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 27PPS
Related questions
Question
A survey was conducted of two types of marketers. The first type being marketers that focus primarily on attracting business (B2B), and the second type being marketers that primarily target consumers (B2C). It was reported that 518 (88%) of B2B and 246(59%) of B2C marketers commonly use a business social media tool. The study also revealed that 301(51%) of B2B marketers and 248(59%) of B2C marketers commonly use a video social media tool. Suppose the survey was based on 590 B2B marketers and 420
B2C marketers. Complete parts (a) through (c) below.
At the 0.05 level of significance, is there evidence of a difference between B2B marketers and B2C marketers in the proportion that commonly use the business social media tool? Let population 1 correspond to B2B marketers and population 2 correspond to B2C marketers. Choose the correct null and alternative hypotheses below.
Part 2
Determine the test statistic,
ZSTAT.
ZSTAT=enter your response here
(Type an integer or a decimal. Round to two decimal places as needed.)
Part 3
Find the rejection region. Select the correct choice below and fill in the answer box(es) to complete your choice.
(Round to three decimal places as needed.)
ZSTAT>+enter your response here
ZSTAT<−enter your response here
or
ZSTAT>+
ZSTAT<−
Determine a conclusion.
▼
Reject
Do not reject
▼
is insufficient evidence
is evidence
Part 5
b. Find the p-value in (a) and interpret its meaning.
p-value=enter your response here
(Type an integer or a decimal. Round to three decimal places as needed.)
Part 6
Interpret the p-value.
If the proportion of B2B marketers that use the business social media tool
the proportion of B2C marketers that use the business social media tool, the probability that a
the one calculated is approximately equal to the p-value.
▼
is less than
is greater than
is equal to
ZSTAT
test statistic
▼
is greater than
is equal to
is less than
Part 7
c. At the 0.05 level of significance, is there evidence of a difference between B2B marketers and B2C marketers in the proportion that use the video social media tool?
Let population 1 correspond to B2B marketers and population 2 correspond to B2C marketers. Determine the test statistic,
ZSTAT.
ZSTAT=
Part 8
Determine the p-value.
p-value=enter your response here
(Type an integer or a decimal. Round to three decimal places as needed.)
Part 9
Determine a conclusion.
▼
Do not reject/Reject the null hypothesis. There
▼ is insufficient evidence/is evidence of a difference between B2B marketers and B2C marketers in the proportion of the video social media tool.
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