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Friday, September 13, 2013

Data Analysis

RE: Greater capital of Massachusetts Sales Positions, perplex and Salaries This memorandum provides basic analysis of the greater Boston membership selective information set. This selective information set of 120 respondents includes iii variables: requital, position and experience. Salary, Position, Experience The fairish total for the respondents in this prototype was $64,925 with a regular exit of $10,838.67. The respondents were evenly grouped with 50% having inside(a) sales jobs and the final stage being outback(a) sales. inside each position, there were 20 respondents from each of the experience categories. instrument panel 1 shows the reasonable and median salaries for each of the variables along with standard deviation. The outside sales positions return eminent results in both 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 amount than a ll experience levels for inside sales. plug-in 1 Confidence Intervals These entropy indicate that the greater Boston stadium sales result in total earns on average $64,925. The 95% premise musical interval for the mean salary is mingled with $62,966.30 and $66884.65 with a t-value of 1.980099876. Two observations flock be made from this confidence interval.
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First, the observe difference is statistically antithetical at the 5% level. Second, the discovered data are 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 fo rce in total earns on average $56020.52. T! he 95% 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 take to get a entire essay, order it on our website: OrderCustomPaper.com

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