Business, 25.08.2021 08:10, iamsecond235p318rq
Zanele has just begun her new job as on the sales force of a very competitive company. In a sample
of 16 sales calls it was found that she closed the contract for an average value of R108 with a standard
deviation of R12. Test at 5% significance that the population mean is at least R100 and against the
alternative that it is less than R100. Company policy requires that new members of the sales force
must exceed an average of R100 per contract during the trial employment period. Can we conclude
that Zanele has met this requirement at the significance level of 95%?
Answers: 3
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Zanele has just begun her new job as on the sales force of a very competitive company. In a sample...
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