The Accompanying Relative Frequency Distribution Represents the Last Year Car

question 86

Multiple Choice

The accompanying relative frequency distribution represents the last year car sales for the sales force at Kelly's Mega Used Car Center. If Kelly's employs 100 salespeople,how many of these salespeople have sold at least 35 but fewer than 45 cars in the last year?

• A) 5
• B) 7
• C) 10
• D) 15

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Definitions:

Compensation System

A structured approach by employers to determine the pay and benefits of employees, including wages, salaries, bonuses, and commissions.

Entry Level

Refers to the initial position or starting phase of an individual's career, often requiring minimal professional experience.

Hybrid Compensation Policy

A compensation plan that combines elements of both fixed salaries and variable pay based on performance, aiming to motivate and retain employees.

Compensation Packages

The total combination of salary, bonuses, benefits, and any other form of financial reward provided to employees.