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Please help fill in the yellow boxes 6. Jane has just begun her new job as on the sales force of a very competitive company.
Please help fill in the yellow boxes
6. Jane has just begun her new job as on the sales force of a very competitive company. In a sample of 16 sales calls it was found that she closed the contract for an average value of 108 dollars with a standard deviation of 12 dollars. Test at 5%% significance that the population mean meets the requirements of exceeding an average of $100 per contract during the trial employment period Step 1 Identify variable and parameter with variable and words X = H Or P = Step 2 Identify Null Hypothesis, Alternative Hypothesis, [words and algebraically) and Level of Significance Ha : H. D = Step 3 Check for normality Can you be confident in your decision? Step 4 Find sample statistic, test statistic and pvalue. Draw a picture. Xor p SE = Z or T 3- P Value = dec Step 5 Make a conclusion about null hypothesis Step 6 Interpret you alternative hypothesis Does the average sales call meet the requirementsStep by Step Solution
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