Answered step by step
Verified Expert Solution
Question
1 Approved Answer
As a marketing analyst intern, you are asked to assess the di erent digital marketing strategies employed by three e - commerce alternatives: StyleHub,
As a marketing analyst intern, you are asked to assess the dierent digital marketing strategies employed by three ecommerce alternatives: StyleHub, TrendSetters, and VogueVilla. Each company employs a distinct strategy. StyleHub relies on influencer collaborations, TrendSetters uses targeted advertisements, and VogueVilla combines email marketing with social media promotion.
To evaluate these strategies, each company provides you with an independent survey of their customers. StyleHub provides you with information on customers over a day span, where of them engaged with the brand at least once by liking, sharing, or commenting on their social medial posts. TrendSetters provides you with information on customers of which customers engaged with the brand. Finally, VogueVilla provides you with information on customers where of them engaged with the brand.
Unless stated otherwise, assume that the assumptions for all tests are met.emarksUsingthedatafromthefirmstestwhetherstrategiesthatusesocial media without email marketing provide any improvement over strategies that do use email marketing. Use the pvalue approach at a significance level. Include all
the steps of hypothesis testing hypotheses decision rule, pvalue, and conclusion with justification Show your manual calculations and provide a StatCrunch output confirming your results. HINT: You can pool the proportion of the two strategies that do not use emailManual calculations and StatCrunch
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started