What proportion of the salespeople received bonus last year

Assignment Help Applied Statistics
Reference no: EM13911840

A company employs 400 salespeople. Of these, 83 received a bonus last year, 100 attended a special sales training program at the beginning of last year, and 42 both attended the special sales training program and received a bonus. (Note: the bonus was based totally on sales performance.)

a. What proportion of the 400 salespeople received a bonus last year?

b. What proportion of the 400 salespeople attended the special sales training program at the beginning of last year?

c. What proportion of the 400 salespeople both attended the special sales training program and received a bonus?

d. What proportion of the salespeople who attended the special sales training program received a bonus?

e. Based on your answers to parts a and d, does the special sales training program seem to have been effective? Explain your answer.

Reference no: EM13911840

Questions Cloud

Using the FIFO perpetual inventory method : A company’s inventory records report the following: On August 15, it sold 30 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale?
When does the investor make a profit : An investor buys a European put on a share for $1. The stock price is currently $21 and the strike price is $17. When does the investor make a profit?
How do exchange rates impact online purchases : Research the challenges associated with payments across international borders and prepare a brief presentation (Powerpoint) or paper (Word doc)of your findings. Do most e-commerce companies conduct business internationally? How do exchange rates impa..
Financial statements of campbell soup company : Using data from the financial statements of Campbell Soup Company in the appendix, calculate: a. ROI for 2011. Round your percentage answer to one decimal place.
What proportion of the salespeople received bonus last year : What proportion of the 400 salespeople received a bonus last year? What proportion of the 400 salespeople attended the special sales training program at the beginning of last year?
Considering proposed project which requires investment : As a financial manager for a company, you are considering a proposed project which requires an investment of $750,000 in fixed assets. The project has a five-year useful life but is classified as three-year MACRS property for tax purposes. The projec..
Explain how a proton gradient is formed : Explain how a proton gradient is formed and used to make ATP during aerobic metabolism.
Bad debts analysis allowance account and financial statement : Bad debts analysis Allowance account and financial statement effects. The following is a portion of the current asset section of the balance sheets of HiROE Co., at December 31, 2014 and 2013:
What is the value of bid-ask spread on this bond : A $100,000 Treasury bond has a bid price quote of 115.20 and an asked quote of 115.23. In dollars, what is the value of the bid-ask spread on this bond?

Reviews

Write a Review

Applied Statistics Questions & Answers

  Perform exploratory data analysis on creativitypre

Perform exploratory data analysis on CreativityPre and CreativityPost. Using SPSS, calculate the mean and standard deviation of these two variables.

  Compute the coefficient of determination and interpret its m

The manager of a furniture company has collected data on the amount of money spent on advertising and sales revenue for the last ten months. The data is as follows

  What is the variable cost per unit produced

Use these data to develop an estimated regression equation that could be used topredict the total cost for a given production volume and what is the variable cost per unit produced

  What should be the optimal production run size of toy bears

DeeDee Toys has an annual demand of 192,000 Pooh bears. The company manufactures its bears at a rate of 3200 per day. Carrying cost is $4 per bear per year. Setup cost for a production run of bears is $180. The company operates 240 days per year. ..

  Twenty five percent of the u.s. military academy

Twenty five percent of the U.S. Military Academy cadets are female. If 6 cadets are randomly selected from the corps of cadets, what is the probability that 2 will be female? What is the probability that 2 or fewer will be females?

  Calculate the total tax bill

Calculate the total tax bill for both low and high income individuals in both countries and fill in the table above with your results and what is the unemployment rate

  Developing a regression equation

Carry out a validation study, an I/O psychologist is developing a regression equation from data collected from those hired two years ago.

  A variable for each measurement scale

1. Briefly describe your area of research interest (1-3 sentences is sufficient).2. List 4 variables that you might assess in a research project related to your research area. List one for each type of measurement scale: Nominal, ordinal, interval, a..

  Describe the multiple regression model in statistics

In your OWN words describe the multiple regression model in statistics. state any references if used.

  What is the chance

What is the chance (rounded to the nearest hundredth)

  The mean is a very useful measure

Describe a circumstance when the mean is a very useful measure and a circumstance when it is misleading

  What p-value did you get in your randomization

What p-value did you get in your randomization and explain in the context of the problem what the p-value means. What is the variable of interest and what graphical techniques will you use to describe your data?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd