N. A company is comparing the sales levels of its sales force man and woman. A sample of 71 observations is selected fro
Posted: Thu Jul 14, 2022 4:52 pm
N. A company is comparing the sales levels of its salesforceman and woman. A sample of 71 observations is selected from thesales force populationmen with a population standard deviation (35×3), and with a samplemean of 213.A sample of 83 observations was selected from a population offemale salespeople withpopulation standard deviation (35×1) and with a sample mean of 131.The company wantsperform hypothesis testing using a significance level of 3%,whereThe company wants to know if there is a difference in the averagevalue of sales soldby male agents and female agents in the company?a) Make the hypothesis (H0 and Ha)!b) Is the hypothesis test “one-tailed” or “two-tailed”?c) Make the basis for the decision (decision rule)!d) Calculate the value of the statistical test!e) What is your decision?