Consider the Following to Answer the Question(s) Below

question 19

Multiple Choice

Consider the following to answer the question(s) below:
After completing sales training for a large company, it is expected that a salesperson will generate a sale on more than 15 percent of the calls he or she makes. To make sure that the sales training process is working, a random sample of 400 sales calls made by sales representatives who have completed the training have been selected and the null hypothesis is to be tested at 0.05 alpha level. Suppose that a sale is made on 76 of the calls.
-At α = 0.05

• A) We can conclude that the percentage of sales after training is significantly higher than 15%.
• B) We can conclude that the percentage of sales after training is significantly lower than 15%.
• C) We can conclude that the percentage of sales after training is equal to 15%.
• D) We can conclude that the percentage of sales after training is not significantly different from 15%.
• E) We can conclude that the percentage of sales after training is not significantly higher than 15%.

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Definitions:

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product efficiently.

Business Product

A result of manufacturing or production processes, offered by businesses to meet consumer needs or market demand, ranging from tangible goods to services.

Checkout Counter

A designated area or desk where customers pay for the goods or services they wish to purchase, typically found in retail stores.