Members of a sales force were randomly assigned to two management groups. Each group employed a different
Question:
(a) If profits are 40% of sales, what’s the 95% confidence interval for the difference in profits generated by the two methods?
(b) Assuming the usual conditions, should we conclude that the approach taken by Group A sells more than that taken by Group B, or can we dismiss the observed difference as due to chance?
(c) The manager responsible for Group B complained that his group had been assigned the “poor performers” and that the results were not his fault. How would you respond?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Statistics For Business Decision Making And Analysis
ISBN: 9780321890269
2nd Edition
Authors: Robert Stine, Dean Foster
Question Posted: