### Brief report comparing the sales volume

Assignment Help Basic Statistics
##### Reference no: EM131451797 , Length: word count:700

You are employed as a statistician for a company that makes household products, which are sold by part-time salespersons who work during their spare time. The company has four salespersons employed in a small town. Let us denote these salespersons by A, B, C, and D.

The sales records (in dollars) for the past 6 weeks for these four salespersons are shown in the table below.

 Week A B C D 1 1774 2205 1330 1402 2 1808 1507 1295 1665 3 1890 2352 1502 1530 4 1932 1939 1104 1826 5 1855 2052 1189 1703 6 1726 1630 1441 1498

Your supervisor has asked you to prepare a brief report comparing the sales volumes and the consistency of sales of these four salespersons.

Use the mean sales for each salesperson to compare the sales volumes.

Choose an appropriate statistical measure to compare the consistency of sales.

Make the calculations and write a 700-word report comparing the sales volumes and the consistency of sales of these four salespersons.

Verified Expert

The company has four sales persons employed that sell house hold products. The four sales persons are denoted by A, B, C and D. The overall descriptive statistics of all the sales persons is given in terms of mean, median, standard deviation, range, inter quartile range. From the sales data many different statistics can be calculated. For determining the consistency coefficient of variation can be determined. Central tendency measure is one of the angles of picture for a given data. The other angle picture can be determined by measuring dispersion measure. There are many dispersion measures of absolute and relative in nature. In terms of absolute measures the simple dispersion measures are range, quartiles, mean deviation, standard deviation, variance etc. Out of all the measures of dispersion standard deviation and variance are the best measures for measuring consistency.

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