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Carpetland salespersons average $8000 per week in sales. The firm's VP proposes a compensation plan with...

Carpetland salespersons average $8000 per week in sales. The firm's VP proposes a compensation plan with new selling incentives. She hopes that the results of a trial selling period will enable her to conclude that the compensation plan increases the average sales per person. The appropriate hypothesis are. H0: u less than or equal to 8000, Ha > 8000.  

What is the type 1 error in this situation? What are the consequences of making this error?

What is the type 2 error in this situation? What are the consequences of making this error?

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