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Answer question 5,6,and 7 Managerial report for this problem for the seven points given bekow in managerial report Compensation for Sales Professionals Suppose that a

Answer question 5,6,and 7 image text in transcribed
Managerial report for this problem for the seven points given bekow in managerial report Compensation for Sales Professionals Suppose that a local chapter of sales professionals in the greater San Francisco conducted a survey of its membership to study the relationship. if any, het years of experience and salary for individuals employed in inside and outside positions. On the survey, respondents were asked to specify one of three levehely of experience: low (1-10 years), medium (11-20 years), and high (21 or more year portion of the data obtained follow. The complete dataset, consisting of 120 bar tions, is contained in the file named SalesSalary Observation Experience Medium Med Low Med Salary s 5395 52.69 70.515 52011 6223 57.718 79.081 48.21 72.35 54.768 Position Inside Inside Outside Inside Outside Inside Outside Inside Outside Inside Low High 9 10 High Med Medium TES 116 117 118 119 120 SOSO 78,702 3.131 57.788 53.070 60.259 Inside Outside Outside Inside Inside Outside Media Managerial Report 1. Use descriptive statisties to summarize the data. 2. Develop a 95% confidence interval estimate of the mean annual salary for all alo persons, regardless of years of experience and type of position. 3. Develop a 95% confidence interval estimate of the mean salary for inside salespeses 4. Develop a 95% confidence interval estimate of the mean salary for outside alesper 5. Use analysis of variance to test for any significant differences due to position. Use a .05 level of significance, and for now, ignore the effect of years of experience 6. Use analysis of variance to test for any significant differences due to years experience. Use a OS level of significance, and for now, ignore the effect of position. 7. At the .05 level of significance test for any significant differences due to position years of experience, and interaction. sons

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