You are looking for a way to incentivize the sales reps that you are in charge of. Youdesign an incentive plan as a way to help increase in their sales. To evaluate thisinnovative plan, you take a random sample of your reps, and their weekly incomesbefore and after the plan were recorded. You calculate the difference in income as(after incentive plan - before incentive plan). You perform a paired samples t-testwith the following hypotheses: Null Hypothesis: HD = 0, Alternative Hypothesis: HD =O. You calculate a p-value of 0.8297. What is the appropriate conclusion of your test?%3DO 1)The average difference in weekly income is significantly different from 0.There is a significant difference in weekly income due to the incentive plan.We did not find enough evidence to say there was a significantly negativeO 2)average difference in weekly income. The incentive plan does not appear tohave been effective.O 3) We did not find enough evidence to say the average difference in weekly3)income was not 0. The incentive plan does not appear to have been effective.We did not find enough evidence to say there was a significantly positiveaverage difference in weekly income. The incentive plan does not appear tohave been effective.O4)O 5) The average difference in weekly income is equal to 0.

You are looking for a way to incentivize the sales reps that you are in charge of. You design an incentive plan as a way to help increase in their sales. To evaluate this innovative plan, you take a random sample of your reps, and their weekly incomes before and after the plan were recorded. You calculate the difference in income as (after incentive plan - before incentive plan). You perform a paired samples t-test with the following hypotheses: Null Hypothesis: HD = 0, Alternative Hypothesis: uD * O. You calculate a p-value of 0.8297. What is the appropriate conclusion of your test? %3D

You are looking for a way to incentivize the sales reps that you are in charge of. You design an incentive plan as a way to help increase in their sales. To evaluate this innovative plan, you take a random sample of your reps, and their weekly incomes before and after the plan were recorded. You calculate the difference in income as (after incentive plan - before incentive plan). You perform a paired samples t-test with the following hypotheses: Null Hypothesis: HD = 0, Alternative Hypothesis: uD * O. You calculate a p-value of 0.8297. What is the appropriate conclusion of your test? %3D

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

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