Subject : Statestic The manager of an automobile dealership is considering a new bonus plan designedto increase sales volume. Currently, the mean sales volume is 14 automobiles permonth. The manager wants to conduct a research study to see whether the newbonus plan increases sales volume. To collect data on the plan, a sample of salespersonnel will be allowed to sell under the new bonus plan for a one-month period.Blank #1: Should the null hypothesis be μ >= μ <=, or μ = the assumed value? Enter>=, <=, or = into blank 1.Blank #2: Should the alternative hypothesis be μ>, μ<, or μ the assumed value?Enter>, <, or not equal into blank 2.Blank #3: What value should u be compared to? I.e. what number goes on the rightside of what you entered in the first two blanks?Blank # 1Blank # 2Blank #3A Suppose that you are attempting to determine the necessary sample size required tocompute an interval estimate with a margin of error no larger than 15.5. Furthersuppose that the population standard deviation is known to be 50.0 and the desiredconfidence level is 99%. Use the table on Ch 08 slide 13 for more precise values of z.Round your answer to two (2) decimal places (don't round up to the next largestinteger, D2L doesn't have a round-up function so just report the value from theformula).

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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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