In: Statistics and Probability
A) Mean sales per week exceeds 41.5 per salesperson |
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. Ho: mu=41.5 |
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HA: mu.>41.5 bar over x=51.02 |
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n=100 mu0=41.5 |
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Square root of 100=10 |
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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 |