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The management of the El Paraso furniture store, a chain of furniture stores, designed an incentive plan for its sales agents. To evaluate this innovative

The management of the "El Paraso" furniture store, a chain of furniture stores, designed an incentive plan for its sales agents. To evaluate this innovative plan, 7 vendors were randomly selected, and their income before and after the plan was recorded.

Seller

Before

Later

Luis

320

340

Carlos

290

285

Pedro

421

475

Camilo

510

510

Hernan

210

210

Juan

402

500

Manuel

625

631

Was there any significant increase in a seller's weekly income due to the innovative incentive plan? Use the 0.1 level of significance. Write your answers to 4 decimal places. If it is a two-tailed test, in the Critical value write only the positive value

a) Formulate the null hypothesis and the alternative hypothesis. Answer

b) Calculate the degrees of freedom for the test statistic

c) Compute the value of the test statistic Answer

d) Calculate the critical value Answer

e) Calculate the p-value

f) What is your decision?

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