he manager of an automobile dealership is considering a new bonus plan designed to increase sales volume. Currently, the mean sales volume is 17 automobiles per month. The manager wants to conduct a esearch 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. O Ho: HS 17 Ha: H > 17 O Ho: H 2 17 Ha: H < 17 O Fo: H < 17 Hg: H2 17 ο " μ 17 Hai u = 17 ο " μ> 17 H3:us 17 (b) Comment on the conclusion when H, cannot be rejected. O 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. c) Comment on the conclusion when H. can be rejected. O 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.
he manager of an automobile dealership is considering a new bonus plan designed to increase sales volume. Currently, the mean sales volume is 17 automobiles per month. The manager wants to conduct a esearch 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. O Ho: HS 17 Ha: H > 17 O Ho: H 2 17 Ha: H < 17 O Fo: H < 17 Hg: H2 17 ο " μ 17 Hai u = 17 ο " μ> 17 H3:us 17 (b) Comment on the conclusion when H, cannot be rejected. O 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. c) Comment on the conclusion when H. can be rejected. O 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.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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