Each Salesperson in a Large Department Store Chain Is Rated

question 27

Multiple Choice

Each salesperson in a large department store chain is rated on his or her sales ability and potential for advancement. The data for the 500 sampled salespeople are summarized in the following table. What is the probability that a salesperson selected at random will have average sales ability and good potential for advancement?

• A)0.09
• B)0.12
• C)0.30
• D)0.525

---

Definitions:

Nonprofit Firms

Organizations that operate for purposes other than generating profit, typically focusing on social, educational, or charitable activities.

Buying Objective

The goals or aims that guide a consumer's or organization's purchasing decisions, including considerations like quality, cost, and convenience.

Buyer-seller Relationships

The ongoing interactions and engagement between a buyer and a seller, which can impact satisfaction, loyalty, and overall business performance.

Long-term Contracts

Agreements between parties that extend over a lengthy period, typically involving a commitment to buy or sell goods or services for the duration of the contract.