In Which of the Following Situations Will the Sales Rep

question 34

Multiple Choice

In which of the following situations will the sales rep most likely be on an unlimited expense payment plan?

• A)Manufacturer of electric motors opening a new territory in California.
• B)A driver-salesperson for soft drink bottler covering part of southern Illinois.
• C)Wholesaler of office supplies selling to retail stores in North Carolina.
• D)Small manufacturer of fishing tackle who has weak financial capability.
• E)Detail sales rep for pharmaceutical manufacturer,calling on doctors' offices in Atlanta.

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Definitions:

Mean

The arithmetic average of a data set, obtained by adding all the numbers and dividing by the count of numbers.

Normal Random Variable

A variable whose occurrences are distributed according to the normal distribution.

Percentile

A value on a scale of 100 that indicates the percentage of a distribution that is equal to or below it.

Standard Deviation

A quantification of how spread out or dispersed the values in a collection are, measuring the deviation of data points from their average.