The marketing manager of a large multinational corporation is concerned that some salespersons perform very well and others quite poorly. To help analyze the problem he draws a random sample of 20 salespersons, determines their commission incomes, and calculates the following statistics: x = $37.2, and s = $7.6. Use a=0.05 to test whether the population variance exceeds $35. Ho: o² ≤ 35 Ha: o² > 35 test statistic is • Reject Ho if x² >. Conclusion:
The marketing manager of a large multinational corporation is concerned that some salespersons perform very well and others quite poorly. To help analyze the problem he draws a random sample of 20 salespersons, determines their commission incomes, and calculates the following statistics: x = $37.2, and s = $7.6. Use a=0.05 to test whether the population variance exceeds $35. Ho: o² ≤ 35 Ha: o² > 35 test statistic is • Reject Ho if x² >. Conclusion:
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
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