The manager of an automobile dealership is considering a new bonus plan in order to increase sales. Currently, the mean sales ra
te per salesperson is five automobiles per month. The correct set of hypotheses for testing the effect of the bonus plan is _____.a. H0: μ < 5 Ha: μ ≤5 b. H0: μ ≤5 Ha: μ > 5
c. H0: μ > 5 Ha: μ ≤5
d. H0: μ ≥5 Ha: μ < 5
A null hypothesis is a statement from a population parameter which is either rejected or accepted (fail to reject) upon testing.
It is expressed using the equality sign.
An alternate hypothesis is also a statement from a population parameter which negates the null hypothesis and is accepted if the null hypothesis is rejected.
It is expressed using any of the inequality signs.
