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Saturday, December 7, 2013

Data Analysis

RE: Greater capital of Massachusetts Sales Positions, familiarity and Salaries This memorandum provides basic analysis of the great Boston social status selective information set. This information set of 120 respondents includes one-third variables: requital, position and experience. Salary, Position, Experience The fairish total for the respondents in this ensample was $64,925 with a archetype exit of $10,838.67. The respondents were evenly grouped with 50% having inside(a) sales jobs and the final stage being outside(a) sales. inwardly each position, there were 20 respondents from each of the experience categories. tabular array 1 shows the reasonable and median salaries for each of the variables along with standard deviation. The outside sales positions return spunky results in all(prenominal) 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 norm than all experience levels for inside sales. plug-in 1 Confidence Intervals These selective information indicate that the greater Boston stadium sales constrict in total earns on average $64,925. The 95% premiss detachment for the mean salary is mingled with $62,966.30 and $66884.65 with a t-value of 1.980099876. Two observations stomach be made from this confidence interval.
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First, the observe difference is statistically antithetical at the 5% level. Second, the discover data argon uniform with an average salary as high as $81,628 and as low as $56,729. These data indicate that the g reater Boston area inside sales force in tot! al earns on average $56020.52. The 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 demand to get a entire essay, order it on our website: OrderCustomPaper.com

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