Data Analysis

RE: Greater capital of Massachusetts Sales Positions, discover and Salaries This memorandum provides basic analysis of the great Boston social station selective information set. This entropy set of 120 respondents includes triad variables: requital, position and experience. Salary, Position, Experience The fairish total for the respondents in this test was $64,925 with a received exit of $10,838.67. The respondents were evenly grouped with 50% having inside(a) sales jobs and the final stage being away sales. inside each position, there were 20 respondents from each of the experience categories. disconcert 1 shows the reasonable and median salaries for each of the variables along with standard deviation. The outside sales positions return proud results in all category. Also of note is that the strong suit experience outside sales positions earned more on comely than the high experience outside sales and higher on intermediate than all experience level s for inside sales. plug-in 1 Confidence Intervals These data indicate that the greater Boston stadium sales line in total earns on average $64,925. The 95% assurance time interval for the mean salary is mingled with $62,966.30 and $66884.65 with a t-value of 1.980099876. Two observations mountain be made from this confidence interval.

First, the notice difference is statistically antithetical at the 5% level. Second, the notice data atomic number 18 uniform with an average salary as high as $81,628 and as low as $56,729. These data indicate that the greater Boston area inside sales force in total earns on average $56020.52. The 9! 5% confidence interval for the mean salary for inside sales positions is between $55,093.17 and $56,947.87 with a t-value of 2.000995378. Two observations can be made from this confidence interval. First, the observed difference is statistically different at the 5% level. Second, the observed data are consistent with an average salary as high as $57,422 and as low as $56,729. These data indicate that the greater Boston area outside sales...If you wishing to get a entire essay, order it on our website: OrderCustomPaper.com

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