A Telemarketing Firm Is Monitoring the Performance of Its Employees

question 62

Multiple Choice

A telemarketing firm is monitoring the performance of its employees based on the number of sales per hour. One employee had the following sales for the last 20 hours (i) The median for the distribution of number of sales per hour is 6 sales per hour.
(ii. The first quartile for the distribution of number of sales per hour is 4 sales per hour.
(iii) For the distribution of number of sales per hour, 50% of the observations are between 4 and 6.5.

• A) (i), (ii) and (iii) are all correct statements
• B) (i) and, (ii) are correct statements but not (iii).
• C) (i) and, (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements, but not (i).
• E) (i), (ii) and (iii) are all false statements.

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Definitions:

Fortune

A large amount of wealth or prosperity, often used to describe the extensive assets of an individual or entity.

Poverty Rate

The percentage of the population that lives below the national poverty line, indicating the proportion of individuals living in poverty.

Billion

A numerical value represented as 1,000 million in the American short scale, commonly used to denote a significant quantity in financial and demographic contexts.

Declined Steadily

A consistent decrease in quantity, quality, or value over a period of time.