Construct the appropriate hypothesis and perform the appropriate test with α set to .05.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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  1. Your company wants to improve sales. Past sales data indicate that the average profit per sale was $100. After training your sales force, recent sales data (taken from a sample of 25 merchants) indicates an average profit per sale of $130, with a standard deviation of $15. Did the training improve performance?
    1. Construct the appropriate hypothesis and perform the appropriate test with α set to .05. 
    2. Compute the effect size

 

  1. Construct and interpret the 95% confidence interval around the sample mean

 

 

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