Question

A data processing company has a training program for new salespeople. After completing the training program,...

A data processing company has a training program for new salespeople. After completing the training program, each trainee is ranked by his or her instructor. After a year of sales, the same class of trainees is again ranked by a company supervisor according to net value of the contracts they have acquired for the company. The results for a random sample of 11 salespeople trained in the last year follow, where x is rank in training class and y is rank in sales after 1 year. Lower ranks mean higher standing in class and higher net sales.

Person

1

2

3

4

5

6

x rank

8

11

2

4

5

3

y rank

7

10

1

3

2

4


Person

7

8

9

10

11

x rank

7

9

10

1

6

y rank

8

11

9

6

5

A 7% level of significance is used test the claim that the relation between x and y is monotone (either increasing or decreasing). State the conclusion of the test and interpret your results with a 7% level of significance.

a.

Since the P-value is greater than the given level of significance, the data are statistically significant. Based on this, we do not reject the null hypothesis.

b.

Since the P-value is greater than the given level of significance, the data are not statistically significant. Based on this, we do not reject the null hypothesis.

c.

Since the P-value is less than the given level of significance, the data are not statistically significant. Based on this, we do not reject the null hypothesis.

d.

Since the P-value is greater than the given level of significance, the data are not statistically significant. Based on this, we reject the null hypothesis.

e.

Since the P-value is less than the given level of significance, the data are not statistically significant. Based on this, we reject the null hypothesis.

Homework Answers

Answer #1

Option E is correct

Since the P-value is less than the given level of significance, the data are not statistically significant. Based on this, we reject the null hypothesis.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A data processing company has a training program for new salespeople. After completing the training program,...
A data processing company has a training program for new salespeople. After completing the training program, each trainee is ranked by his or her instructor. After a year of sales, the same class of trainees is again ranked by a company supervisor according to net value of the contracts they have acquired for the company. The results for a random sample of 11 salespeople trained in the last year follow, where x is rank in training class and y is...
#2 A data processing company has a training program for new salespeople. After completing the training...
#2 A data processing company has a training program for new salespeople. After completing the training program, each trainee is ranked by his or her instructor. After a year of sales, the same class of trainees is again ranked by a company supervisor according to net value of the contracts they have acquired for the company. The results for a random sample of 11 salespeople trained in the last year follow, where x is rank in training class and y...
Benford's Law claims that numbers chosen from very large data files tend to have "1" as...
Benford's Law claims that numbers chosen from very large data files tend to have "1" as the first nonzero digit disproportionately often. In fact, research has shown that if you randomly draw a number from a very large data file, the probability of getting a number with "1" as the leading digit is about 0.301. Suppose you are an auditor for a very large corporation. The revenue report involves millions of numbers in a large computer file. Let us say...
A professional employee in a large corporation receives an average of u=40 e-mails per day. Most...
A professional employee in a large corporation receives an average of u=40 e-mails per day. Most of these e-mails are from other employees in the company. Because of the large number of e-mails, employees find themselves distracted and are unable to concentrate when they return to their tasks. In an effort to reduce distraction caused by such interruptions, one company established a priority list that all employees were to use before sending an e-mail. One month after the new priority...
The Nero Match Company sells matchboxes that are supposed to have an average of 40 matches...
The Nero Match Company sells matchboxes that are supposed to have an average of 40 matches per box, with σ = 8. A random sample of 96 matchboxes shows the average number of matches per box to be 42.3. Using a 1% level of significance, can you say that the average number of matches per box is more than 40? What are we testing in this problem? single meansingle proportion     (a) What is the level of significance? State the null...
The Nero Match Company sells matchboxes that are supposed to have an average of 40 matches...
The Nero Match Company sells matchboxes that are supposed to have an average of 40 matches per box, with σ = 7. A random sample of 92 matchboxes shows the average number of matches per box to be 42.7. Using a 1% level of significance, can you say that the average number of matches per box is more than 40? What are we testing in this problem? single mean single proportion (a) What is the level of significance? State the...
The Nero Match Company sells matchboxes that are supposed to have an average of 40 matches...
The Nero Match Company sells matchboxes that are supposed to have an average of 40 matches per box, with σ = 8. A random sample of 96 matchboxes shows the average number of matches per box to be 42.5. Using a 1% level of significance, can you say that the average number of matches per box is more than 40? What are we testing in this problem? A.) single mean B.) single proportion      (a) What is the level of significance?...
The Nero Match Company sells matchboxes that are supposed to have an average of 40 matches...
The Nero Match Company sells matchboxes that are supposed to have an average of 40 matches per box, with σ = 10. A random sample of 94 matchboxes shows the average number of matches per box to be 42.9. Using a 1% level of significance, can you say that the average number of matches per box is more than 40? What are we testing in this problem? single proportionsingle mean     What is the level of significance? State the null and...
Are America's top chief executive officers (CEOs) really worth all that money? One way to answer...
Are America's top chief executive officers (CEOs) really worth all that money? One way to answer this question is to look at row B, the annual company percentage increase in revenue, versus row A, the CEO's annual percentage salary increase in that same company. Suppose that a random sample of companies yielded the following data: B: Percent for company 5 8 13 16 14 20 4 13 A: Percent for CEO 2 -1 3 14 19 17 3 9 Do...
A transect is an archaeological study area that is  mile wide and 1 mile long. A site...
A transect is an archaeological study area that is  mile wide and 1 mile long. A site in a transect is the location of a significant archaeological find. Let x represent the number of sites per transect. In a section of Chaco Canyon, a large number of transects showed that x has a population variance . In a different section of Chaco Canyon, a random sample of 25 transects gave a sample variance  for the number of sites per transect. Use an  to...