Question

In: Statistics and Probability

Respond to the following in a minimum of 175 words: A company employs 400 salespeople. Of...

Respond to the following in a minimum of 175 words: A company employs 400 salespeople. Of these, 83 received a bonus last year, 100 attended a special sales training program at the beginning of last year, and 42 both attended the special sales training program and received a bonus. (Note: the bonus was based totally on sales performance.) a) What proportion of the 400 salespeople received a bonus last year? b) What proportion of the 400 salespeople attended the special sales training program at the beginning of last year? c) What proportion of the 400 salespeople both attended the special sales training program and received a bonus? d) What proportion of the salespeople who attended the special sales training program received a bonus? e) Based on your answers to parts a and d, does the special sales training program seem to have been effective? Explain your answer.

Solutions

Expert Solution

Answer:

a)

The extent of the 400 sales reps got a reward a year ago Is,

P = Number of sales reps got reward a year ago / Total number of sales reps

substitute values

= 83/400

= 0.2075

b)

The extent of the 400 sales reps went to the unique deals preparing Program toward the start of a year ago Is,

P = Number of sales reps went to the unique deals cable car, / Total brushes of salesmen

substitute values

= 100/400

= 0.25

c)

The extent of the 400 sales reps both went to the unique deals preparing and got a reward is ,

P = Number of sales reps who went to the spinal deals preparing and got a reward / Total number of salesmen

substitute values

= 42/400

= 0.105

d)

The extent of the sales reps who went to the unique deals cable car, got a reward Is,

P = Number of sales reps who went to the spinal deals preparing and got a reward / Total number of salesmen Wm went to unique deals training

= 42/100

= 0.42

e)

Yes, the exceptional deals preparing program appear to have been productive in light of the fact that practically 50% of the individuals who got deals reward, likewise went to the business preparing program.


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