Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribedimage text in transcribed
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 525 (88%) of B2B and 231 (57%) of B2C marketers commonly use a business social media tool. The study also revealed that 311 (52%) of B2B marketers and 242 (60%) of B2C marketers commonly use a video social media tool. Suppose the survey was based on 597 B2B marketers and 404 B2C marketers. Complete parts (a) through (c) below. a. 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. OA. HO: 1 # 2 O B. HO: 1 2 12 H1 : 1 = 12 H1: my 12 Determine the test statistic. Test Statistic = 11.11 (Type an integer or a decimal. Round to two decimal places as needed.) 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.) O A. ZSTAT > + O B. ZSTAT + 1.96 O C. ZSTAT

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Algebra

Authors: Cynthia Y Young

3rd Edition

1118475690, 9781118475690

More Books

Students also viewed these Mathematics questions

Question

d. Is the program accredited?

Answered: 1 week ago

Question

How easy the information is to remember

Answered: 1 week ago

Question

The personal characteristics of the sender

Answered: 1 week ago

Question

The quality of the argumentation

Answered: 1 week ago