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3. Curly, Moe, and Larry sell life insurance for the Shemp Insurance Company. Mr

ID: 3305347 • Letter: 3

Question

3. Curly, Moe, and Larry sell life insurance for the Shemp Insurance Company. Mr. Shemp will promote one of his salesmen to a management position based on sales performance. Given the following weekly sample data for sales, which salesman gets the promotion if the decision is rested on:

a. The highest average sales performance.

b. The most consistent sales performance.

Curly

Moe

Larry

$ 986 ....................................$1,265

$645 ........................................$893

$534 .......................................$534

1,337 .........................................734

645 ...........................................230

534........................................... 534

2,745...................................... ...245

734 ...........................................415

534 ..........................................534

2,645 ......................................5,344

822 ...........................................723

534 ...........................................534

3,658 ......................................4,867

ACTUALLY, THERE IS NO reticence (points) in each column in the table. I use reticence in order separate the two data from each other. Otherwise, those numbers go closer to each other. :)

Curly

Moe

Larry

$ 986 ....................................$1,265

$645 ........................................$893

$534 .......................................$534

1,337 .........................................734

645 ...........................................230

534........................................... 534

2,745...................................... ...245

734 ...........................................415

534 ..........................................534

2,645 ......................................5,344

822 ...........................................723

534 ...........................................534

3,658 ......................................4,867

Explanation / Answer

a)

Curly=23826/10=2382.6

Moe=5107/8=638.375

Larry=4272/8=534

Hence, Curly would be selected.

b)

In this case as well Curly would be selected because he has delivered in almost all of the weeks.

Curly Moe Larry 986 645 534 1265 893 534 1337 645 534 734 230 534 2745 734 534 245 415 534 2645 822 534 5344 723 534 3658 4867 2382.6 638.375 534 Average
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