Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Marketing Management Expert

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

  • Category:- Marketing Management
  • Reference No.:- M91525950
  • Price:- $30

Guranteed 24 Hours Delivery, In Price:- $30

Have any Question?


Related Questions in Marketing Management

Marketing research assignment -1 case study - read the case

Marketing Research Assignment - 1. Case study - read the case and answer the questions which follow: Case - Your Supermarket Is Spying on You Tesco, one of the biggest supermarket retailers in the United Kingdom, has a w ...

Question activity 1 watch coca-cola hello happinessthen

Question: Activity 1: Watch Coca-Cola Hello Happiness Then consider the following: 1. Is it socially responsible marketing? Environmentally responsible marketing? 2. What are the pros and cons? 3. What it the intent? Doe ...

Question first assignment- 2-3 page paper along with a

Question: First assignment- 2-3 page paper along with a cover page and reference sheet. marketing attempts to satisfy both consumer wants and needs. describe a product you need and explain in detail how marketing helped( ...

Question select a product or service to target post the

Question: Select a product or service to target. Post the product name, the manufacturer's name, and your reasons for choosing it. Prepare a 2-3 page marketing environmental analysis that explains how the appropriate tre ...

Question strategic marketing planintroductionthis

Question: STRATEGIC MARKETING PLAN INTRODUCTION This assignment entails development of a comprehensive strategic marketing plan for a new product or service that is ready to "go to market". A Project Template is provided ...

Question imagine that you are in the market for a new

Question: Imagine that you are in the market for a new career. How can the marketing research process apply to your career search? Think of a specific topic you need to learn more about that relates to your career as a o ...

Question length 3 pages with 15-spacedwrite an essay about

Question: Length: 3 pages with 1.5-spaced Write an essay about market research and competitor in Haiti for exporting marking pen and crayon. You can also write about the risk and opportunities about this business. Ensure ...

Question review the followingbullfrom the great depression

Question: Review the following: • From the Great Depression Through the Great Recession: A Brief History of Marketing • The Evolution of Marketing • Vintage Ad Browser Select one product category from the Vintage Ad Brow ...

Discussion questions 1 based on the principles of attention

Discussion Questions: 1. Based on the principles of attention we discussed in class (in the slides), explain why riders receive these ads so positively. Be sure to consider the possible stimulus selection factors that ap ...

Question using the assignment 1 forum on your class moodle

Question: Using the Assignment 1 Forum on your class Moodle site you will post the result of your research and consideration of a marketing trend discussed or identified in Unit 2. A discussion prompt will be provided in ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As