In an effort to increase sales, a company is considering a new training program for its sales department. An advertisement claims that the training program leads to a mean increase of $5000 in monthly sales. To study the program's effectiveness, the company selects 20 sales representatives, randomly assigning 10 to the training program and 10 to serve as control. On average, the representatives who participated in the training brought in $8231 more in monthly sales than the control, and the 95% confidence interval for the difference in means was (2799, 13663) dollars. Does this confidence interval provide convincing statistical evidence that the mean increase in sales is different from the advertised value? (A) No, because $0 is outside the interval the results are not statistically significant. (B) No, because $5000 is included in the interval the results are not statistically significant. (C) Yes, because $0 is outside the interval the results are statistically significant. (D) Yes, because the representatives were randomly assigned and $8231 is different from $5000. (E) Yes, because $8231 is inside the confidence interval the results are accurate.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
In an effort to increase sales, a company is considering a new training program for its sales
department. An advertisement claims that the training program leads to a mean increase of $5000 in
monthly sales. To study the program's effectiveness, the company selects 20 sales representatives,
randomly assigning 10 to the training program and 10 to serve as control. On average, the
representatives who participated in the training brought in $8231 more in monthly sales than the
control, and the 95% confidence interval for the difference in means was (2799, 13663) dollars.
Does this confidence interval provide convincing statistical evidence that the mean increase in sales
is different from the advertised value?
(A) No, because $0 is outside the interval the results are not statistically significant.
(B) No, because $5000 is included in the interval the results are not statistically significant.
(C) Yes, because $0 is outside the interval the results are statistically significant.
(D) Yes, because the representatives were randomly assigned and $8231 is different from $5000.
(E) Yes, because $8231 is inside the confidence interval the results are accurate.
Transcribed Image Text:In an effort to increase sales, a company is considering a new training program for its sales department. An advertisement claims that the training program leads to a mean increase of $5000 in monthly sales. To study the program's effectiveness, the company selects 20 sales representatives, randomly assigning 10 to the training program and 10 to serve as control. On average, the representatives who participated in the training brought in $8231 more in monthly sales than the control, and the 95% confidence interval for the difference in means was (2799, 13663) dollars. Does this confidence interval provide convincing statistical evidence that the mean increase in sales is different from the advertised value? (A) No, because $0 is outside the interval the results are not statistically significant. (B) No, because $5000 is included in the interval the results are not statistically significant. (C) Yes, because $0 is outside the interval the results are statistically significant. (D) Yes, because the representatives were randomly assigned and $8231 is different from $5000. (E) Yes, because $8231 is inside the confidence interval the results are accurate.
AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
steps

Unlock instant AI solutions

Tap the button
to generate a solution

Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman