conduct a research study to see whether the new bonus plan increases sSales volume. To collect data one-month period. plan, sample of sales personnel will be allowed to sell under (a) Develop the null and alternative hypotheses most appropriate for this situation. Ho: H 2 14 HaiH< 14 Ho: H = 14 Hg:H # 14 H3:H > 14 Ho:H > 14 HaiHS 14 DI 5 H :°H o Ho: H < 14 HgiHZ 14 (b) Comment on the conclusion when Ho cannot be rejected. We can conclude that there is not statistical evidence that the new bonus plan increases the mean monthly sales volume. We can conclude that there is statistical evidence that the new bonus plan increases the mean monthly sales volume. (c) Comment on the conclusion when Ho can be rejected. We can conclude that there is not statistical evidence that the new bonus plan increases the mean monthly sales volume. O We can conclude that there is statistical evidence that the new bonus plan increases the mean monthly sales volume.

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ISBN:9781119256830
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Chapter1: Starting With Matlab
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1.
DETAILS
ASWSBE14 9.E.002.
MY NOTES
ASK YOUR TEACHER
PRACTICE ANOTHER
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) Develop the null and alternative hypotheses most appropriate for this situation.
Ho: H 2 14
На: и< 14
Ho:u =
Н и # 14
= 14
Ho:HS 14
Ha: u > 14
Ho:H > 14
Ha: µ < 14
Но: и < 14
Ha. μ> 14
(b) Comment on the conclusion when H, cannot be rejected.
We can conclude that there is not statistical evidence that the new bonus plan increases the mean monthly sales volume.
We can conclude that there is statistical evidence that the new bonus plan increases the mean monthly sales volume.
(c) Comment on the conclusion when Ho can be rejected.
We can conclude that there is not statistical evidence that the new bonus plan increases the mean monthly sales volume.
We can conclude that there is statistical evidence that the new bonus plan increases the mean monthly sales volume.
O O
Transcribed Image Text:1. DETAILS ASWSBE14 9.E.002. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER 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) Develop the null and alternative hypotheses most appropriate for this situation. Ho: H 2 14 На: и< 14 Ho:u = Н и # 14 = 14 Ho:HS 14 Ha: u > 14 Ho:H > 14 Ha: µ < 14 Но: и < 14 Ha. μ> 14 (b) Comment on the conclusion when H, cannot be rejected. We can conclude that there is not statistical evidence that the new bonus plan increases the mean monthly sales volume. We can conclude that there is statistical evidence that the new bonus plan increases the mean monthly sales volume. (c) Comment on the conclusion when Ho can be rejected. We can conclude that there is not statistical evidence that the new bonus plan increases the mean monthly sales volume. We can conclude that there is statistical evidence that the new bonus plan increases the mean monthly sales volume. O O
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