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The Sales Manager of a Large Multinational Corporation Is Concerned

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The sales manager of a large multinational corporation is concerned that some salespersons perform very well and others quite poorly.To help analyze the problem he draws a random sample of 20 salespersons,determines their commission incomes (in thousands of dollars),and calculates the following statistics: The sales manager of a large multinational corporation is concerned that some salespersons perform very well and others quite poorly.To help analyze the problem he draws a random sample of 20 salespersons,determines their commission incomes (in thousands of dollars),and calculates the following statistics:   = $37.2,and s = $7.8.Do these statistics provide sufficient evidence at the 5% significance level to conclude that the population variance exceeds $35 million<sup>2</sup>? = $37.2,and s = $7.8.Do these statistics provide sufficient evidence at the 5% significance level to conclude that the population variance exceeds $35 million2?


Definitions:

Society

A group of individuals involved in persistent social interaction, or a large social grouping sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Culture

A people’s common history, values, institutions, habits, skills, technology, and arts.

Psychological Disorders

Disorders affecting the mind and behavior, encompassing a wide range of issues including anxiety disorders, mood disorders, and schizophrenia.

Early Stages

Initial phases or periods in a process, development, or condition, often characterized by the preliminary set of symptoms or signs.

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