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Mathematics, 23.05.2020 22:03 crtlq
Kitchen salespersons average $10,000 per week in sales. Manager proposes a compensation plan with new selling incentives. Manager hopes that the results of a trial selling period will enable him to conclude that the compensation plan increases the average sales per salesperson. Required:a. Develop the appropriate null and alternative hypotheses. b. What is the type I error in this situation? What are the consequences of making this error? c. What is the type II error in this situation? What are the consequences of making this error?
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Kitchen salespersons average $10,000 per week in sales. Manager proposes a compensation plan with ne...
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