=+49. E-commerce. A market researcher at a major clothing company that has traditionally relied on catalog mail-order
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=+49. E-commerce. A market researcher at a major clothing company that has traditionally relied on catalog mail-order sales decides to investigate whether the amount of monthly online sales has changed. She compares the mean monthly online sales of the past several months with a historical figure for mean monthly sales for online purchases. She gets a P-value of 0.01. Explain in this context what the 1% means.
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Related Book For
Business Statistics Plus Pearson Mylab Statistics With Pearson Etext
ISBN: 978-1292243726
3rd Edition
Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman
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