You are looking for a way to incentivize the sales reps that you are in charge...

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You are looking for a way to incentivize the sales reps that you are in charge of. You design an incentive plan as a way to help increase in their sales. To evaluate this innovative plan, you take a random sample of your reps, and their weekly incomes before and after the plan were recorded. You calculate the difference in income as (after incentive plan - before incentive plan). You perform a paired samples t-test with the following hypotheses: Null Hypothesis:HD 2 0, Alternative Hypothesis: HD< 0. You calculate a p-value of 0.0261. What is the appropriate conclusion of your test? The average difference in weekly income is significantly different from 0. There is a significant difference in weekly income due to the incentive plan. We did not find enough evidence to say there was a significantly negative average difference in weekly income. The incentive plan does not appear to have been effective. The average difference in weekly income is significantly larger than 0. The average weekly income was higher after the incentive plan. The average difference in weekly income is greater than or equal to 0. The average difference in weekly income is significantly less than 0. The average weekly income was higher before the incentive plan. You are looking for a way to incentivize the sales reps that you are in charge of. You design an incentive plan as a way to help increase in their sales. To evaluate this innovative plan, you take a random sample of your reps, and their weekly incomes before and after the plan were recorded. You calculate the difference in income as (after incentive plan - before incentive plan). You perform a paired samples t-test with the following hypotheses: Null Hypothesis:HD 2 0, Alternative Hypothesis: HD< 0. You calculate a p-value of 0.0261. What is the appropriate conclusion of your test? The average difference in weekly income is significantly different from 0. There is a significant difference in weekly income due to the incentive plan. We did not find enough evidence to say there was a significantly negative average difference in weekly income. The incentive plan does not appear to have been effective. The average difference in weekly income is significantly larger than 0. The average weekly income was higher after the incentive plan. The average difference in weekly income is greater than or equal to 0. The average difference in weekly income is significantly less than 0. The average weekly income was higher before the incentive plan.

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Solution option 5 The average difference in weekly income is significantly less than 0 The ... View the full answer