A company attempts to evaluate the potential for a new bonus plan by selecting a sample of 4 salespersons to use the bonus plan for a trial period.The weekly sales volume before and after implementing the bonus plan is shown below.(For the following matched samples,let the difference "d" be d = after - before. )
a.State the hypotheses.
b.Compute the test statistic.
c.Use Alpha = .05 and test to see if the bonus plan will result in an increase in the mean weekly sales.
Definitions:
Teratogens
Agents or factors that can cause malformation or birth defects in an embryo or fetus when exposed during pregnancy.
Prenatal
Relates to the period before birth, during the development inside the womb.
Personal Fable
A belief held by adolescents that they are unique and invincible, which can lead to risk-taking behaviors due to their perceived exceptionality.
Autonomy
The capacity of an individual to make an informed, un-coerced decision, often related to the concept of free will.
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