MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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A marketing firm wants to know if there is a difference in the best marketing strategy for new customers compared to returning customers. In order to determine the relationship between marketing strategy and customer type, the following information on number of sales generated is obtained for each group. Is there sufficient evidence at the 0.010.01 level of significance to conclude that an association exists between marketing strategy and customer type?
 Observed Sample of Customers
  Paid search Social Media Web retargeting Total
New customer 167167 154154 140140 461461
Returning customer 146146 145145 164164 455455
Total 313313 299299 304304 916916
Copy Data 
 
Step 1 of 4 :  
Calculate the expected value for the number of sales generated by the web retargeting strategy for new customers. Round your answer to six decimal places.
 
 
 
 
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