solve the following (b) The team at the Natural-Uife company goes out to the city to sell daly, Jhn is a member of the team. He daims thaton average, he sells $50,000 worth of their product to each store that he visits per week. The new manager is wary ofthis daim and believes he may be overstating his sales. To test the daim, the manager took a random sample of 27stores that the sales representative usually visits weekly and found that the mean amount earned was $48,950 with astandard deviation of $1,250.At the 0.01 level of significance, can it be concluded that john is overestimated his sales? (e. his sales might be lessthan he claimed)

In order to test the claim that the average sales given by individual J is of $50000 or not, conduct…

(b) The team at the Natural-Life company Roes out to the city to sell daly. John is a member of the team, He dlaims that on average, he sells $50,000 worth of their product to each store that he visits per week. The new manager is wary of this daim and believes he may be overstating his sales. To test the claim, the manager took a random sample of 27 stores that the sales representative usually visits weekly and found that the mean amount earned was $48,950 with a standard deviation of $1,250. At the 0.01 level of significance, can it be concluded that john is overestimated his sales? (e. his sales might be less than he claimed)

(b) The team at the Natural-Life company Roes out to the city to sell daly. John is a member of the team, He dlaims that on average, he sells $50,000 worth of their product to each store that he visits per week. The new manager is wary of this daim and believes he may be overstating his sales. To test the claim, the manager took a random sample of 27 stores that the sales representative usually visits weekly and found that the mean amount earned was $48,950 with a standard deviation of $1,250. At the 0.01 level of significance, can it be concluded that john is overestimated his sales? (e. his sales might be less than he claimed)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter11: Data Analysis And Probability

Section: Chapter Questions

Problem 8CR

See similar textbooks