Justin started working on the sales force of ECE Calls Inc. On average, she closes the contract if 108 USD in 16 sales calls with a standard deviation of 12 USD. Test that thepopulation mean is at least 100 USD against the alternative that is less than 100 USD. The level of significance is 5%. However, in the ECE Calls Inc., it is required that theymust exceed an average of 100 per contract during the probationary period. Can we conclude that Justin has met this requirement at 95% significance level?Write the value of the test statistic.

Answered: Image /qna-images/answer/2938d8af-131f-4f14-80e1-564b4ffdedbb.jpg

Answered: Justin started working on the sales…

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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