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:
Convergence
The process or phenomenon where different entities or systems come together, integrate, or become more similar, often seen in technology, media, and telecommunications.
Apps
Small, downloadable software programs that can run on smartphones and tablet devices. Also called mobile apps or applications.
Convergence
The tendency of different technological systems to evolve towards performing similar tasks or to integrate and synergize functions, leading to the merging of technologies, industries, or devices.
Engage Fans
Strategies or actions taken by brands, celebrities, or organizations to interact with and increase the involvement of their audience or supporters.
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