Computational Statistics

Current Attempt in Progress A consulting agency was asked by a large insurance company to investigate if business majors were better salespersons than those with other majors. A sample of 40 salespersons with a business degree showed that they sold an average of 16 insurance policies per week with a standard deviation of 5.39 policies. Another sample of 35 salespersons with a degree other than business showed that they sold an average of 13 insurance policies per week with a standard deviation of 6.48 policies. Using a 2% significance level, can you conclude that persons with a business degree are better salespersons than those who have a degree in another area? It can be shown that Of _ = 1.38781419. Let y be the average insurance policies sold per week by salespersons with a business degree and /, be the average insurance policies sold per week by salespersons with a degree other than business. Round your answers to one decimal place. Z We conclude that persons with a business degree salespersons. are not better eTextbook and Media are better