The majority of clothing retailers use mannequins to display their merchandise, with approximately one-third displayingmannequins with a head and two-thirds displaying mannequins without a head. Researchers recruited 126 female participantsand assigned them to one of the two mannequin styles (head/headless). Participants were asked to imagine that they wantedto buy a new dress and told that they had gone to a named store to make their purchase. They then viewed the dressdisplayed on a mannequin (head or headless) and asked whether they would buy the dress. Of the 53 participants viewing thedress displayed on a mannequin with a head, 18 indicated they would buy the dress, while only 10 of the 53 participantsviewing the headless mannequin indicated they would buy the dress.Assuming the conditions are met, calculate the test statistic (Enter the test statistic rounded to two decimal places)

Given as, x1=18 n1=53 x2=10 n2=53 Now, p1^=x1n1p1^=1853p1^=0.3396 p2^=x2n2p2^=1053p2^=0.1887

Answered: equin styles (head/headless) cone to a…

Business

Accounting

equin styles (head/headless) cone to a named store to mal s) and asked whether they w d, 18 indicated they would b

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.

Question

The majority of clothing retailers use mannequins to display their merchandise, with approximately one-third displaying
mannequins with a head and two-thirds displaying mannequins without a head. Researchers recruited 126 female participants
and assigned them to one of the two mannequin styles (head/headless). Participants were asked to imagine that they wanted
to buy a new dress and told that they had gone to a named store to make their purchase. They then viewed the dress
displayed on a mannequin (head or headless) and asked whether they would buy the dress. Of the 53 participants viewing the
dress displayed on a mannequin with a head, 18 indicated they would buy the dress, while only 10 of the 53 participants
viewing the headless mannequin indicated they would buy the dress.
Assuming the conditions are met, calculate the test statistic (Enter the test statistic rounded to two decimal places)

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