Question

In: Statistics and Probability

A) Mean sales per week exceeds 41.5 per salesperson .   Ho: mu=41.5     HA: mu.>41.5     bar over x=51.02...

A) Mean sales per week exceeds 41.5 per salesperson

.   Ho: mu=41.5

    HA: mu.>41.5

    bar over x=51.02

     n=100

     mu0=41.5

     Square root of 100=10

t=51.02-41.5 / 6.8 square root 100

51.02-41.5/6.8 / square root 100

CI =( 50.17, 52.83)

Bar over X +/-  t. s/sq.rt of n

Excel command=T.DIST.RT(t-1) p-value close to 0

Bar over x,t=1.96,S=6.8,N=100

51.5 +/- (1.96) times (6.8 / sq.rt. 100 )=1.3328

(50.1672, 52.8328) 95 % C.I.

FOUND THE INFORMATION ABOVE WHAT IS THE F-VALUE

Solutions

Expert Solution

This is 1 -sample t-test

F = t^2   = 14^2 = 196

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