14 Aug Coastal Star Sales Corporation is a West Coast wholesaler that markets leisure p
Coastal Star Sales Corporation is a West Coast wholesaler that markets leisure products from several manufacturers. Coastal Star has an 80-person sales force that sells to wholesalers in a six-state area, which is divided into two sales regions. The chart below show the names of a sample of eleven salespeople, some descriptive information about each person, and sales performance for each of the last two years.Questions:1. Calculate a mean and a standard deviation for each variable.2. Set a 95 percent confidence interval around the mean for each variable.3. Calculate the median, mode, and range of each variable.4. Organize the data for current sales into a frequency distribution with three classes: (a) under $500,000, (b) $500,000 to $999,999, and (c) $1,000,000 and over.5. Organize the data for years of selling experience into a frequency distribution with two classes: (a) less than five years and (b) five or more years.SalesRegionSalespersonAgeYears ofExperiencePreviousYearCurrentYearNorthernJackson407$412,744$411,007NorthernGentry6012$1,491,024$1,726,630NorthernLa Forge262$301,421$700,112NorthernMiller391$401,241$471,001NorthernMowen645$448,160$449,261SouthernYoung512$518,897$519,412SouthernFisk341$846,222$713,333SouthernKincaid6210$1,527,124$2,009,041SouthernKrieger423$921,174$1,030,000SouthernManzer645$463,399$422,798SouthernWeiner272$548,011$422,001Source: Cengage Learning 2013.Source: Cengage Learn 2013.Coastal Star Sales Corporation is a West Coast wholesaler that markets leisure products from several manufacturers. Coastal Star has an 80-person sales force that sells to wholesalers in a six-state area, which is divided into two sales regions. The chart below show the names of a sample of eleven salespeople, some descriptive information about each person, and sales performance for each of the last two years.Questions:1. Calculate a mean and a standard deviation for each variable.2. Set a 95 percent confidence interval around the mean for each variable.3. Calculate the median, mode, and range of each variable.4. Organize the data for current sales into a frequency distribution with three classes: (a) under $500,000, (b) $500,000 to $999,999, and (c) $1,000,000 and over.5. Organize the data for years of selling experience into a frequency distribution with two classes: (a) less than five years and (b) five or more years.Source: Cengage Learn 2013.
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