eBook  Video The manager of an automobile dealership is considering a new bonus plan designed to increase sales volume. Currently, the mean sales volume is 30 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. H 0:  is Selectgreater than or equal to 30 greater than 30 less than or equal to 30 less than 30 equal to 30 not equal to 30 Item 1 H a:  is Selectgreater than or equal to 30 greater than 30 less than or equal to 30 less than 30 equal to 30 not equal to 30 Item 2 b.  Comment on the conclusion when H 0 cannot be rejected. SelectNo evidence that the new plan increases sales.The research hypothesis μ > 30 is supported; the new plan increases sales.Item 3 c.  Comment on the conclusion when H 0 can be rejected

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Topic Video
Question

Question Workspace

 
  • Check My Work (1 remaining)
    eBook
 Video

The manager of an automobile dealership is considering a new bonus plan designed to increase sales volume. Currently, the mean sales volume is 30 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.

H 0:  is Selectgreater than or equal to 30 greater than 30 less than or equal to 30 less than 30 equal to 30 not equal to 30 Item 1

H a:  is Selectgreater than or equal to 30 greater than 30 less than or equal to 30 less than 30 equal to 30 not equal to 30 Item 2


b.  Comment on the conclusion when H 0 cannot be rejected.


SelectNo evidence that the new plan increases sales.The research hypothesis μ > 30 is supported; the new plan increases sales.Item 3

c.  Comment on the conclusion when H 0 can be rejected

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Knowledge Booster
Hypothesis Tests and Confidence Intervals for Means
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman