SCENARIO 9-8
One of the Biggest Issues Facing E-Retailers Is $\beta$

True/False

SCENARIO 9-8
One of the biggest issues facing e-retailers is the ability to turn browsers into buyers. This is
measured by the conversion rate, the percentage of browsers who buy something in their visit to a
site. The conversion rate for a company's website was 10.1%. The website at the company was
redesigned in an attempt to increase its conversion rates. A sample of 200 browsers at the redesigned
site was selected. Suppose that 24 browsers made a purchase. The company officials would like to
know if there is evidence of an increase in conversion rate at the 5% level of significance.
-Referring to Scenario 9-8, the value of the probability of committing a Type II
error? $\beta$ is 0.95.