Sales Have Been Slow Recently at B & B Materials,so

question 100

Multiple Choice

Sales have been slow recently at B & B Materials,so management has organized a training program to improve the performance of its sales force.Which of the following would most likely lead to improved sales for B & B Materials?

• A) tests to measure the analytic and organizational skills of the sales force
• B) information about the marketing strategies used by competitors
• C) tests to identify the personality traits of sales force members
• D) a time-and-duty analysis for each salesperson
• E) instructions on completing expense reports

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Definitions:

Unbiased Estimator

A statistical estimator whose expected value is equal to the true parameter of the population being studied.

Unbiased Estimator

A statistical estimator that, through repeated sampling, provides results equal to the true parameter of the population.

Variance

A measure of the dispersion or spread of a set of data points, indicating how far each data point lies from the mean.

Consistency

refers to the property of an estimator in which, as the sample size increases, it converges in probability to the parameter it estimates.