Question

A national computer retailer believes that the average sales are greater for salespersons with a college...

A national computer retailer believes that the average sales are greater for salespersons with a college degree. A random sample of 31 salespersons with a degree (group 1) had an average weekly sale of $3411 last year, while 32 salespersons without a college degree (group 2) averaged $3112 in weekly sales. The standard deviations were $468 and $642 respectively. Is there evidence at the 5% level to support the retailer's belief?

a. Select the Alternate hypothesis.

b. Select the p-value for this hypothesis test.

c. Select the Decision to Reject H0 or Failure to Reject H0.

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A national computer retailer believes that the average sales are greater for salespersons with a college...
A national computer retailer believes that the average sales are greater for salespersons with a college degree. A random sample of 35 salespersons with a degree (group 1) had an average weekly sale of $3531 last year, while 34 salespersons without a college degree (group 2) averaged $3322 in weekly sales. The standard deviations were $468 and $642 respectively. Is there evidence at the 5% level to support the retailer's belief? Select the p-value for this hypothesis test. a) p-value...
A national computer retailer believes that the average sales are greater for salespersons with a college...
A national computer retailer believes that the average sales are greater for salespersons with a college degree. A random sample of 35 salespersons with a degree (group 1) had an average weekly sale of $3555 last year, while 32 salespersons without a college degree (group 2) averaged $3256 in weekly sales. The standard deviations were $468 and $642 respectively. Is there evidence at the 5% level to support the retailer's belief? 1) Select the Alternate hypothesis. a) μ1 < μ2...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT