A hotel booking website has a conversion funnel in which peo…
A hotel booking website has a conversion funnel in which people start on the rates and availability page, continue to the review itinerary page, proceed to the guest info page, and end on the confirmation page. Reaching the confirmation page means that the customer has completed their booking. Below are the number of visitors who reached each page last month: Rates and Availability: 4,123,441Review Itinerary: 579,358Guest Info: 249,015Confirmation: 77,459 Total number of room nights booked: 301,960Total revenue generated: $101,626,078 Calculate the micro-conversion rate for the review itinerary page.
Read DetailsLast month, BestFashion.com reported 52,134 user sessions wh…
Last month, BestFashion.com reported 52,134 user sessions which produced 161,926 pageviews. A total of 42,702 user sessions were initiated on their homepage. Out of all the user sessions, 7,651 consisted of only one pageview. The site reported 1,103 conversions which generated $126,156.00 in revenues. A total of 2,263 page views were initiated on the page for the Navy Striped Turtleneck. Of them, 928 consisted of only one page view. What is the AOV for the entire site?
Read DetailsLast month, BestFashion.com reported 52,134 user sessions wh…
Last month, BestFashion.com reported 52,134 user sessions which produced 161,926 pageviews. A total of 42,702 user sessions were initiated on their homepage. Out of all the user sessions, 7,651 consisted of only one pageview. The site reported 1,103 conversions which generated $126,156.00 in revenues. A total of 2,263 page views were initiated on the page for the Navy Striped Turtleneck. Of them, 928 consisted of only one page view. What is the bounce rate for the Navy Striped Turtleneck page?
Read DetailsYou become aware of the following spot rate quotes at the lo…
You become aware of the following spot rate quotes at the local bank: Bid Ask $0.9300/A$ $0.9302/A$ $1.2112/€ $1.2125/€ A$1.3099/€ A$1.3105/€ How much triangular arbitrage profit would you make if you had access to $1,000,000?
Read DetailsUsing the cumulative standard normal distribution table (Z-t…
Using the cumulative standard normal distribution table (Z-table) below, and the formula for Z below, answer the following questions. Assume you are measuring the depth of a particular part of the ocean, and that those depth measurements are normally distributed with a mean depth of 450 meters and a standard deviation of 50 meters. What is the probability that a location chosen at random in this body of water will have a depth of 350 meters or less: [prob1] Give your answer as a decimal to four places. What is the probability that any location chosen at random will have a depth of 500 meters or less: [prob2] Give your answer as a decimal to four places. What percentage of the body of water that is greater than 525 meters in depth: [percent1] Give your answer as a percentage to two decimal places. What percentage of the body of water is between 375 and 475 meters in depth: [percent2] Give your answer as a percentage to two decimal places.
Read DetailsWill Co. is expected to pay a dividend of $2 per share at th…
Will Co. is expected to pay a dividend of $2 per share at the end of year 1, and the dividends are expected to grow at a constant rate of 4 percent forever. If the current price of the stock is $20 per share, calculate the required rate of return for this stock (the cost of equity for the firm). You can use the following growing perpetuity formula to solve this problem.
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