The Manager of an Automobile Dealership Is Considering a New

question 80

Multiple Choice

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: μ < 5 H_a: μ ≤ 5
• B) H₀: μ ≤ 5 H_a: μ > 5
• C) H₀: μ > 5 H_a: μ ≤ 5
• D) H₀: μ ≥ 5 H_a: μ < 5

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Definitions:

Return on Investment

A financial metric used to assess the profitability or efficiency of an investment, calculated by dividing the benefit (return) of an investment by the cost of the investment.

Training Evaluation Processes

Methods used to assess the effectiveness and efficiency of training programs.

Objective Metrics

Quantifiable measurements used to assess performance, productivity, or other predefined indicators.

Political Barrier

Obstacles related to power dynamics, decision-making processes, or political interests that can hinder progress or change within organizations or societies.