The manager of an automobile dealership is considering a new bonus plan designed to increase sales volume. Currently, the mean sales volume is 31 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.
Ho : is - Select your answer -greater than or equal to 31 greater than 31 less than or equal to 31 less than 31 equal to 31 not equal to 31 Item 1
Ha : is - Select your answer -greater than or equal to 31 greater than 31 less than or equal to 31 less than 31 equal to 31 not equal to 31 Item 2
b. Select the conclusion when Ho cannot be rejected.
- Select your answer -No evidence that the new plan increases sales.The research hypothesis μ > 31 is supported; the new plan increases sales.Item 3
c. Select the conclusion when Ho can be rejected.
- Select your answer -No evidence that the new plan increases sales.The research hypothesis μ > 31 is supported; the new plan increases sales.
a) Ho : is less than or equal to 31
Ha is: greater than 31
b) No evidence that the new plan increases sales.
c) The research hypothesis μ > 31 is supported the new plan increases sales.
The manager of an automobile dealership is considering a new bonus plan designed to increase sales...
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