Data Analysis

RE: Greater capital of Massachusetts Sales Positions, experience and Salaries This memorandum provides basic analysis of the great Boston membership selective information set. This selective information set of 120 respondents includes trey variables: requital, position and experience. Salary, Position, Experience The fairish total for the respondents in this exemplar was $64,925 with a beat exit of $10,838.67. The respondents were evenly grouped with 50% having inside(a) sales jobs and the final stage being extraneous sales. within each position, there were 20 respondents from each of the experience categories. shelve 1 shows the reasonable and median salaries for each of the variables along with standard deviation. The outside sales positions return laid-back results in both 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 intermediate than all experience levels for inside sales. plug-in 1 Confidence Intervals These info indicate that the greater Boston stadium sales rage in total earns on average $64,925. The 95% laying claim interval for the mean salary is mingled with $62,966.30 and $66884.65 with a t-value of 1.980099876. Two observations offer be made from this confidence interval.

First, the ascertained difference is statistically antithetical at the 5% level. Second, the observed data be uniform with an average salary as high as $81,628 and as low as $56,729. These data indicate that the greater Boston area inside sales f orce in total 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 need to get a entire essay, order it on our website: OrderCustomPaper.com

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