Data Is Collected from 20 Sales People in Order to Verify

question 5

Multiple Choice

Data is collected from 20 sales people in order to verify that the more contacts made with potential clients, the greater the sales volume. The Mega Stat printout is shown below. (or use the excel file #contacts and sales n = 20 data only) Determine the 95% confidence interval for Sales when 25 contacts are made.

• A) $14,499, $69,545
• B) $14.499, $49.265
• C) $34,779, $49,265
• D) $34.78, $449.27
• E) $14.50, $69.55

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Definitions:

Antiassignment Clause

A contractual provision preventing the transfer of rights or delegation of duties to another party without prior consent.

Statute of Frauds

A legal concept that requires certain types of contracts to be executed in writing and signed by the party to be charged, to prevent fraud and perjuries.

Breach of Contract

A violation of any of the agreed-upon terms and conditions of a binding contract.

Antiassignment Clause

A contractual provision that prohibits the transfer of rights or delegation of duties under the contract to another party without prior consent.