subject
Mathematics, 07.04.2020 02:30 jaymoney0531

Carpetland salespersons average $8,000 per week in sales. Steve Contois, the firm's vice president, proposes a compensation plan with new selling incentives. Steve hopes that the results of a trial selling period will enable him to conclude that the compensation plan increases the average sales per salesperson.
(a) Develop the appropriate null and alternative hypotheses.
Complete parts (b) and (c):
(b) In this situation, a Type I error would occur if it was concluded that the new compensation plan provides a population mean weekly sales when in fact it does not.
(c) In this situation, a Type II error would occur if it was concluded that the new compensation plan provides a population mean weekly sales when in fact it does not.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 21:00
When george started his current job, his employer told him that at the end of the first year, he would receive two vacation days. after each year worked, his number of vacation days will double up to five work weeks (25days) of payed vacation. how many vacation days will he have in 4 years
Answers: 1
question
Mathematics, 21.06.2019 22:30
Adistribution has the five-number summary shown below. what is the third quartile, q3, of this distribution? 22, 34, 41, 55, 62
Answers: 2
question
Mathematics, 21.06.2019 23:00
Ithink i know it but i want to be sure so can you me out ?
Answers: 1
question
Mathematics, 21.06.2019 23:00
Who long does it take to drive 150 miles at 45 miles per hour
Answers: 2
You know the right answer?
Carpetland salespersons average $8,000 per week in sales. Steve Contois, the firm's vice president,...
Questions
question
Mathematics, 11.03.2021 02:50
question
Mathematics, 11.03.2021 02:50
question
Mathematics, 11.03.2021 02:50
question
History, 11.03.2021 02:50