Sales and Experience

question 53

Essay

Sales and Experience
The general manager of a chain of department stores believes that experience is the most important factor in determining the level of success of a salesperson.To examine this belief she records last month's sales (in $1,000s)and the years of experience of 10 randomly selected salespeople.These data are listed below. ​ ​
-{Sales and Experience Narrative} Draw a scatter diagram of the data.Comment on whether it appears that a linear model might be appropriate.

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Definitions:

Measures Of Center

Statistical measures that describe the central tendency of a dataset, including the mean, median, and mode.

Location

Refers broadly to a position or point in physical space or within a mathematical, conceptual, or statistical framework.

Qualitative

Concerning, measuring, or described by the quality of something rather than its quantity.

Mean

A measure of central tendency that represents the average value of a dataset, obtained by dividing the sum of all the values by the number of values.