Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
6th Edition
ISBN: 9781337115186
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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Textbook Question
Chapter 9.2, Problem 7E
Carpet Salesperson Salaries. 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.
- b. What is the Type I error in this situation? What are the consequences of making this error?
- c. What is the Type II error in this situation? What are the consequences of making this error?
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carpetland salespersons average $8000 per week in sales. Steve contois, the firm’s vicepresident, proposes a compensation plan with new selling incentives. Steve hopes that theresults of a trial selling period will enable him to conclude that the compensation planincreases the average sales per salesperson.a. develop the appropriate null and alternative hypotheses.b. what is the type i error in this situation? what are the consequences of making this error?c. what is the type ii error in this situation? what are the consequences of making this error?
The average monthly rent for one-bedroom apartments in Sampaloc, Manila has been P10,000. Because of the downturn in the real estate market, it is believed that there has been a decrease in the average rental. The correct hypotheses to be tested are
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H0: μ ≥ 10,000 Ha: μ < 10,000
H0: μ > 10,000 Ha: μ ≤ 10,000.
H0: μ = 10,000 Ha: μ ≠ 10,000.
After running a hypothesis test comparing the number of jelly beans that a sample of children eat over the course of the year with the number of jelly beans children eat in the overall population over the course of the year, I conclude that the sample of children ate significantly more jelly beans than the overall population of children. If the sample of children actually ate the same number of jelly beans as the overall population, my conclusion is an example of _______.
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Chapter 9 Solutions
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
Ch. 9.1 - 1. The manager of the Danvers-Hilton Resort Hotel...Ch. 9.1 - 2. The manager of an automobile dealership is...Ch. 9.1 - 3. A production line operation is designed to fill...Ch. 9.1 - 4. Because of high production-changeover time and...Ch. 9.2 - 5. Duke Energy reported that the cost of...Ch. 9.2 - Prob. 6ECh. 9.2 - Carpet Salesperson Salaries. Carpetland...Ch. 9.2 - 8. Suppose a new production method will be...Ch. 9.3 - Consider the following hypothesis test:
A sample...Ch. 9.3 - Prob. 10E
Ch. 9.3 - Consider the following hypothesis test:
A sample...Ch. 9.3 - Prob. 12ECh. 9.3 - Prob. 13ECh. 9.3 - Prob. 14ECh. 9.3 - Federal Tax Returns. According to the IRS,...Ch. 9.3 - In a study entitled How Undergraduate Students Use...Ch. 9.3 - The mean hourly wage for employees in...Ch. 9.3 - Young millennials, adults aged 18 to 34, are...Ch. 9.3 - The Internal Revenue Service (IRS) provides a...Ch. 9.3 - Prescription Drug Costs. Annual expenditure for...Ch. 9.3 - Cost of Telephone Surveys. Fowle Marketing...Ch. 9.3 - Time in Supermarket Checkout Lines. CCN and...Ch. 9.4 - Consider the following hypothesis test:
A sample...Ch. 9.4 - Consider the following hypothesis test:
A sample...Ch. 9.4 - Consider the following hypothesis test:
A sample...Ch. 9.4 - Prob. 26ECh. 9.4 - Which is cheaper: eating out or dining in? The...Ch. 9.4 - CEO Tenure. A shareholders’ group, in lodging a...Ch. 9.4 - The national mean annual salary for a school...Ch. 9.4 - Time in Child Care. The time married men with...Ch. 9.4 - Chocolate Consumption. The United States ranks...Ch. 9.4 - Used Car Prices. According to the National...Ch. 9.4 - Automobile Insurance Premiums. The Onsure.com...Ch. 9.4 - Prob. 34ECh. 9.5 - Consider the following hypothesis test:
A sample...Ch. 9.5 - Prob. 36ECh. 9.5 - The U.S. Bureau of Labor Statistics reports that...Ch. 9.5 - Attitudes toward Supermarket Brands. A study by...Ch. 9.5 - Prob. 39ECh. 9.5 - Prob. 40ECh. 9.5 - Ten years ago 53% of American families owned...Ch. 9.5 - Returned Merchandise. According to the University...Ch. 9.5 - Prob. 43ECh. 9.5 - Prob. 44ECh. 9.5 - The American Association of Individual Investors...Ch. 9.6 - A large department of the Federal Government wants...Ch. 9.6 - CEOs who belong to a popular business-oriented...Ch. 9.6 - Prob. 48ECh. 9.6 - Prob. 49ECh. 9 - Production Line Fill Weights. A production line...Ch. 9 - Scholarship Examination Scores. At Western...Ch. 9 - Exposure to Background Television. CNN reports...Ch. 9 - The Wall Street Journal reported that bachelor’s...Ch. 9 - Data from the Office for National Statistics show...Ch. 9 - The mean time to earn a bachelor’s degree is 5.8...Ch. 9 - Prob. 56SECh. 9 - In Hamilton County, Ohio, the mean number of days...Ch. 9 - Fifty-two percent of Americans report that they...Ch. 9 - Prob. 59SECh. 9 - Prob. 60SECh. 9 - The unemployment rate for 18- to 34-year-olds was...Ch. 9 - Prob. 62SECh. 9 - In recent years more people have been working past...Ch. 9 - Case Problem 1 Quality Associates, Inc.
Quality...Ch. 9 - Case problem 2 Ethical Behavior of Business...
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- Carpetland salespersons average $7,000 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: ? ≥ 7,000 Ha: ? < 7,000 H0: ? = 7,000 Ha: ? ≠ 7,000 H0: ? < 7,000 Ha: ? ≥ 7,000 H0: ? > 7,000 Ha: ? ≤ 7,000 H0: ? ≤ 7,000 Ha: ? > 7,000 (b) What is the type I error in this situation? What are the consequences of making this error? It would be concluding ? ≤ 7,000 when the plan does increase sales. This mistake could result in not implementing a plan that would increase sales.It would be concluding ? < 7,000 when the plan does increase sales. This mistake could result in not implementing a plan that would increase sales. It would be concluding ? ≥ 7,000 when the plan does not…arrow_forwardTraditionally in hypothesis testing, the null hypothesis represents the "status quo" which will be overturned only if there is evidence against it. Which of the statements below might represent a null hypothesis? 1. the treatment increase survival rates 2.the teaching method raises SAT score 3. the teaching method does not chang SAT scorearrow_forward1.Respond to the following questions in accordance with characteristics of hypothesis testing. a.If you want to see if the average gestational length among African American women is different from the national average of 39 weeks, how would you set up the null and two-sided alternative hypotheses? b.If you want to see if the average gestational length among African American women is less than the national average of 39 weeks, how would you set up the null and one-sided alternative hypotheses? c.In other words, what is a P-value? d.If α is 0.10 and you find a P-value of 0.08 in your hypothesis test, what would you conclude? e.How do you calculate the standard error of ?̅?arrow_forward
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