An online shop is testing a redesigned checkout page. Every visitor is randomly shown either the current page (A) or the redesign (B), and the shop records whether they complete a purchase:
| page | visitors | purchases |
|---|---|---|
| A (current) | 3,000 | 180 |
| B (redesign) | 750 | 60 |
The null hypothesis says the redesign changes nothing: both pages share one true purchase rate. The test statistic compares the two sample purchase rates and :
Here and are the visitor counts, and is the single purchase rate that says both pages share, estimated from this experiment. (Each visitor is a Bernoulli trial with variance , and the variances of two independent groups add — that is where the denominator comes from.)
What is the value of ?
Round your answer to 2 decimal places.