Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

According to a survey conducted by Groupe Everest on behalf of the National Bank and La Presse, 340 SMEs out of 400 Quebec SMEs with

According to a survey conducted by Groupe Everest on behalf of the National Bank and La Presse, 340 SMEs out of 400 Quebec SMEs with ten to two hundred employees say they have adopted the Internet in their marketing strategy. The president of the Chamber of Commerce of the Drummondville region specified, in a conference with members of the Chamber, that 80% of SMEs in the region have adopted the Internet in their marketing strategy. Does the data obtained from the survey mentioned above contradict the assertion of the President of the Chamber of Commerce? Use a significance level of 5%.

1. Yes, because the descriptive threshold is below the significance threshold.

2. No, because the descriptive threshold is lower than the significance threshold.

3. No, because the descriptive threshold is higher than the significance threshold.

4. Yes, because the descriptive threshold is higher than the significance threshold. Page

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Global Strategy

Authors: Mike W. Peng

5th Edition

0357512367, 978-0357512364

Students also viewed these Mathematics questions