Question: Sales at an electronics store average $25,000 per week. The company is considering implementing a new incentive program to sales associates to improve sales. Use

  1. Sales at an electronics store average $25,000 per week. The company is considering implementing a new incentive program to sales associates to improve sales. Use this information to answer the followingquestions.
    1. Specify the appropriate null and alternativehypotheses:

Ho:

Ha:

  1. Conceptually, what is the Type I error for this particular problem? What are the consequences of making thiserror?
  2. Conceptually, what is the Type IIerror for this particular problem? What are the consequences of making thiserror?

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