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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.
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Leader behaviours refer to the actions and mannerisms exhibited by individuals in leadership positions that influence the morale, productivity, and effectiveness of their teams.
Big Five
A model describing human personality as consisting of five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.
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The process or circumstances under which new leaders come to the fore, often characterized by their ability to influence and guide others.
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The achievement of a defined goal or objective, often marked by a sense of accomplishment or fulfillment.
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