Mathematics, 17.10.2020 21:01, chumreaper2002
The manager of an automobile dealership is considering a new bonus plan designed to increase sales volume. Currently, the mean sales volume is 14 automobiles per month. The manager wants to conduct a research study to see whether the new bonus plan increases sales volume. To collect data on the plan, a sample of sales personnel will be allowed to sell under the new bonus plan for a one-month period.
A. Which form of the null and alternative hypotheses most appropriate for this situation.
B. Comment on the conclusion when H0 cannot be rejected.
1. No evidence that the new plan increases sales.
2. The research hypothesis ? > 24 is supported; the new plan increases sales.
C. Comment on the conclusion when H0 can be rejected.
1. No evidence that the new plan increases sales.
2. The research hypothesis ? > 24 is supported; the new plan increases sales.
Answers: 3
Mathematics, 22.06.2019 03:00, logsdonella
If bill bought a home for $210,000 and he sold it a year later for $120,000 his percentage of loss is
Answers: 2
Mathematics, 22.06.2019 03:10, castilloitc1120
If the alternate hypothesis of an experiment is “the true mean height of the giraffes is more than 15 feet” what is the null hypothesis?
Answers: 1
The manager of an automobile dealership is considering a new bonus plan designed to increase sales v...
Biology, 21.04.2020 23:45