Essay
The sales manager of a large multinational corporation is concerned that some salespersons perform very well and others quite poorly.To help analyze the problem he draws a random sample of 20 salespersons, determines their commission incomes (in thousands of dollars), and calculates the following statistics: 
= $37.2, and s = $7.8.Do these statistics provide sufficient evidence at the 5% significance level to conclude that the population variance exceeds $35 million2?
Correct Answer:
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H0: 
2 = 35, H1: 2 > 35
Rejection region: Te...View Answer
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Correct Answer:
Verified
2 = 35, H1: 2 > 35Rejection region:
Te...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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