160k views
1 vote
A sales manager collected data on annual sales for new customer accounts and the number of years of experience for a sample of 10 salespersons. In the Microsoft Excel online file below, you

User Nick Swan
by
8.2k points

1 Answer

1 vote

Final answer:

The question pertains to the use of statistical analysis in business to examine the relationship between salesperson experience and annual sales. The analysis is conducted using Microsoft Excel, and the level of study is indicative of a college business curriculum.

Step-by-step explanation:

The subject of the question relates to Business, specifically to the area of sales and statistical analysis. A sales manager is looking at relationships between annual sales for new customer accounts and the number of years of experience of salespersons. This is typically an exercise in analyzing data to determine if there's a correlation between experience and sales performance, which could be done through a variety of statistical methods, such as regression analysis or Pearson's correlation coefficient in Microsoft Excel.

In a practical scenario, understanding this relationship can help in the development of training programs and in making informed decisions regarding hiring and sales strategy. The emphasis would be on utilizing tools like Microsoft Excel for data analysis. This question is likely posed at the college level, where students are expected to have the proficiency to perform such analyses.

User Bobby D
by
7.8k points