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Author Question: The owner of a small clothing store is concerned that only 28% of people who enter her store ... (Read 220 times)

Brittanyd9008

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on: Aug 30, 2019

The owner of a small clothing store is concerned that only 28% of people who enter her store actually buy something. A marketing salesman suggests that she invest in a new line of celebrity mannequins (think Seth Rogan modeling the latest jeans…). He loans her several different "people" to scatter around the store for a two-week trial period. The owner carefully counts how many shoppers enter the store and how many buy something so that at the end of the trial she can decide if she'll purchase the mannequins.  She'll buy the mannequins if there is evidence that the percentage of people that buy something increases.

Over the trial month the rate of in-store sales rose to 30% of shoppers. The store's owner decided this increase was statistically significant. Now that she's convinced the mannequins work, why might she still choose not to purchase them?
Stats: Modeling the World ¦ Bock, Velleman, De Veaux ¦ 4th Edition
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Marked as best answer by Brittanyd9008 on Aug 30, 2019

reversalruiz

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Reply #1 on: Aug 30, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Brittanyd9008

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Reply #2 on: Aug 30, 2019
TY


reversalruiz

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Reply #3 on: Aug 30, 2019
You're welcome


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