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    Compensation for Sales Professionals

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    Case Problem: Compensation for Sales Professionals

    Suppose that a local chapter of sales professionals in the greater San Francisco area conducted a survey of its membership to study the relationship, if any, between the years of experience :low (1-10), medium (11-20 years), and high (21 or more years). A portion of the data obtained follow. The complete data set, consisting of 120 observations,is contained in the file named SalesSalary.

    Managerial Report
    1-Use descriptive statistics to summarize the dada.
    2-Develop a 95% confidence interval estimate of the mean annual salary for all sales persons,regardless of years of experience and type of position.
    3-Develop a 95% confidence interval estimate of the mean salary for inside salespersons.
    4-Develop a 95% confidence interval estimate of the mean salary for outside salespersons.
    5-Use analysis of variance to test for any significant differences due to position.Use a .05 level of significance,and for now, ignore the effect of years of experience.

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    https://brainmass.com/statistics/quantative-analysis-of-data/compensation-for-sales-professionals-467641

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    Compensation for Sales Professionals

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