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23 The budget director at Nexus Accounting was horrified to learn that the average daily expenses of sales people was $140. Since then, he's been
23
The budget director at Nexus Accounting was horrified to learn that the average daily expenses of sales people was $140. Since then, he's been encouraging them to "be more mindful". A sample was taken and the resultsare below.Use = .05. What is the p-value that would be used to determine if the expenses have decreased?
expenses($) | expenses ($) | ||
125 | |||
102 | Mean | 129.571 | |
129 | Median | 129 | |
143 | Mode | #N/A | |
149 | Standard Deviation | 15.915 | |
120 | Sample Variance | 253.286 | |
139 | Range | 47 | |
Minimum | 102 | ||
Maximum | 149 | ||
Sum | 907 | ||
Count | 7 |
What is the p-value that would be used to determine if the sales have decreased?
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