The manager of an automobile dealership is considering a new bonus plan in order to increase sales. Currently, the mean sales rate per salesperson is five automobiles per month. The correct set of hypotheses for testing the effect of the bonus plan is A)H₀: $\mu$ 5 C)H₀: $\mu$ 5 H_a: $\mu$ ≥5 D)H₀: $\mu$ ≤ 5 H_a: $\mu$

Question

The manager of an automobile dealership is considering a new bonus plan in order to increase sales. Currently, the mean sales rate per salesperson is five automobiles per month. The correct set of hypotheses for testing the effect of the bonus plan is A)H₀: $\mu$ < 5 H_a: $\mu$ ≥ 5 B)H₀: $\mu$ ≤ 5 H_a: $\mu$ > 5 C)H₀: $\mu$ > 5 H_a: $\mu$ ≥5 D)H₀: $\mu$ ≤ 5 H_a: $\mu$ < 5

Quizplus · Accepted Answer

The correct hypotheses for testing the effect of the bonus plan is H0: μ ≤ 5 and Ha: μ > 5. This is because the manager is interested in determining whether the bonus plan will increase sales, which means that the mean sales rate per salesperson should be greater than 5 automobiles per month.

The Manager of an Automobile Dealership Is Considering a New μ\muμ

The Manager of an Automobile Dealership Is Considering a New $\mu$