Provide an Appropriate Response Calculate the Sample Variance

question 103

Multiple Choice

Provide an appropriate response.
-Each year advertisers spend billions of dollars purchasing commercial time on network sports television. In the first 6 months of 1988, advertisers spent $1.1 billion. Who were the largest spenders In a recent article, listed the top 10 leading spenders (in million of dollars) : $$\begin{array} { l r l r } \text { Company A } & \$ 71.1 & \text { Company F } & \$ 27.7 \\\text { Company B } & 63.6 & \text { Company G } & 24.3 \\\text { Company C } & 57.7 & \text { Company H } & 21 \\\text { Company D } & 55.3 & \text { Company I } & 21.1 \\\text { Company E } & 29.2 & \text { Company J } & 19.4\end{array}$$ Calculate the sample variance.

• A) 413.26
• B) 20.33
• C) 39.04
• D) 51.70

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Definitions:

Experienced Salespeople

Individuals who have a significant amount of knowledge and skills acquired through years of working in sales positions, enabling them to effectively understand and meet customer needs.

Prospect's Attitude

The mental state, view, or feelings a potential customer holds towards a product, service, or proposal being offered.

Sales Objection

A sales objection is a concern or question raised by a potential buyer that needs to be addressed by the seller to close a sale.

Resistance

Opposition or reluctance from potential customers against purchasing a product or adopting an idea.