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The following data give the number of computer units sold per day by a random sample of six salespersons before and after a bonus plan was implemented. At 95% confidence, test to see if the bonus plan was effective. That is, did the bonus plan actually increase sales?
Unemployment
A situation where an individual who is capable of working and is actively seeking work is unable to find employment.
Income
The amount of money or its equivalent received during a period of time in exchange for labor or services, from the sale of goods or property, or as a profit from financial investments.
Wages
Payment usually received by an employee on a regular basis for services rendered to an employer, often quantified as an hourly, daily, or piecework amount.
Salaries
Regular payments made to employees for their labor, typically based on a fixed annual amount and paid in monthly or biweekly installments.
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