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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.

Sales
Region Salesperson Age Years of
Experience
Previous
Year
Current
Year
Northern Jackson 40 7 $412,744 $411,007
Northern Gentry 60 12 $1,491,024 $1,726,630
Northern La Forge 26 2 $301,421 $700,112
Northern Miller 39 1 $401,241 $471,001
Northern Mowen 64 5 $448,160 $449,261
Southern Young 51 2 $518,897 $519,412
Southern Fisk 34 1 $846,222 $713,333
Southern Kincaid 62 10 $1,527,124 $2,009,041
Southern Krieger 42 3 $921,174 $1,030,000
Southern Manzer 64 5 $463,399 $422,798
Southern Weiner 27 2 $548,011 $422,001
Source: Cengage Learning 2013.

Source: Cengage Learn 2013.

Marketing Management, Management Studies

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