100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Renee_Williams_Course_ProjectB_Math533 $23.99   Add to cart

Exam (elaborations)

Renee_Williams_Course_ProjectB_Math533

 2 views  0 purchase
  • Course
  • Institution

Renee_Williams_Course_ProjectB_Math533

Preview 2 out of 5  pages

  • September 23, 2022
  • 5
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
avatar-seller
Renee_Williams_Course_ProjectB_Math533


Renee Williams

Course Project

B




a. The average (mean) sales per week exceeds 41.5 per salesperson.
Null Hypothesis H(o): µ ≤ 41.5 (meaning the sales per week are less than 41.5 per salesperson)
Alternative hypothesis H(a): µ > 41.5 (meaning the sales per week are greater than 41.5 per
salesperson). Test statistics is z. Rejection Region: z < 1.65 which correspond with a = 0.05
The P-value 0.022 is less than a = 0.05 so reject the null and accept the alternative.
Based on the hypothesis test we can affirm that the manager speculation is correct when we use
the alpha = 0.05. We are 95% confident that sales made were between 41.522 and 43.158 per
week.

b. The true population proportion of salespeople that received online training is less than
55%. Null Hypothesis: H(o): µ < 0.55, Alternative hypothesis H(a): µ ≠0.55. Test statistics z.
Rejection region is z > 1.65 which corresponds with a = 0.05. We cannot reject the null and we
cannot accept the alternative hypothesis because the population proportion is greater than 55%
at an alpha = 0.05. The P-value 0.157 is also greater than the alpha 0.05. We are 95% confident
that the population of salespeople that received online training is between 0.398321 and
0.601679 or (40 and 60).


c. The average (mean) number of calls made per week by salespeople that had no training is
less than 145. Null Hypothesis: H(o): µ < 145, Alternative hypothesis H(a): µ ≠ 145. Rejection
region is z < 1.65 which corresponds with a = 0.05. Based on the hypothesis test we can affirm
that the manager speculation is correct when we use alpha = 0.05. So we reject the null and
accept the alternative based on the P-value 0.000 being less than the alpha 0.05. We are 95%
confident that the mean number of calls made by salespeople with no training is between 36.049
and 38.151 calls.


d. The average (mean) time per call is greater than 15 minutes. Null Hypothesis: H(o): µ >
15, Alternative hypothesis H(a): µ ≠ 15. Rejection region is z < 1.65 which corresponds with a
=
0.05. Based on the hypothesis test we can affirm that the manager speculation is correct when
the alpha = 0.05. So we accept the null and reject the hypothesis test. Also the P-value is greater
than the alpha = 0.05 letting us know that the manager speculation is correct. We are 95%
confident that the mean time per call is between 14.862 and 15.820 minutes

This study source was downloaded by 100000848900824 from CourseHero.com on 09-23-2022 01:50:02 GMT -05:00


https://www.coursehero.com/file/11890577/Renee-Williams-Course-ProjectB-Math533/

, Renee_Williams_Course_ProjectB_Math533



Appendix A




One-Sample Z

Test of mu = 41.5 vs > 41.5
The assumed standard deviation = 4.171


95% Lower
N Mean SE Mean Bound Z P
100 42.340 0.417 41.654 2.01 0.022




Distribution Plot
Normal, Mean=42.34, StDev=4.171
0.10



0.08



0.06
Density




0.04



0.02



0.00
42.34 49.20
X


0.05




This study source was downloaded by 100000848900824 from CourseHero.com on 09-23-2022 01:50:02 GMT -05:00


https://www.coursehero.com/file/11890577/Renee-Williams-Course-ProjectB-Math533/

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller maggieobita. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $23.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80364 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$23.99
  • (0)
  Add to cart