Carpetland salespersons average $8000 per week in sales. Steve Contois, the firm
ID: 3293427 • Letter: C
Question
Carpetland salespersons average $8000 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.
H0: - Select your answer: -greater than or equal to 8000, greater than 8000, less than or equal to 8000, less than 8000, equal to 8000, not equal to 8000
Ha: - Select your answer: -greater than or equal to 8000, greater than 8000, less than or equal to 8000, less than 8000, equal to 8000, not equal to 8000
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 - Select your answer -greater than or equal to 8000, greater than 8000, less than or equal to 8000, less than 8000, equal to 8000, not equal to 8000 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 - Select your answer -greater than or equal to 8000, greater than 8000, less than or equal to 8000, less than 8000, equal to 8000, not equal to 8000 when in fact it does not.
Explanation / Answer
a. Develop the appropriate null and alternative hypotheses.
H0: less than or equal to 8000
Ha: greater than 8000
b. greater than 8000,when the fact it does not
c. equal to 8000,when in fact it does not.