Graded Homework

1. What percent of the sales orders were written during the afternoon?

   a.	29%
   b.	68.7%

2.44 points

QUESTION 4

1. What percent of the sales orders were written during the afternoon in 2004 ?

   a.	20%
   b.	68.7%

2.44 points

QUESTION 5

1. What is the average dollar purchase order over the entire 3 year period?

   a.	$24.60
   b.	$23.02

2.44 points

QUESTION 6

1. What is the average number of contacts that a sales agent must make to get a sale (over the entire 3 year period)?

   a.	2.15
   b.	2.98

2.44 points

QUESTION 7

1. The goal of the sales person would be to make only 1 contact to get a purchase order. What percentage of times does the sales agent actually make a sale with only one contact?

   a.	21.67%
   b.	23%

2.44 points

QUESTION 8

1. This material applies to questions 8 – 11.

   The analyst wanted to know if the average purchase price of each order was significantly different based on the year of the sample.

   What is the null hypothesis for the problem?

   a.	Ho: The average purchase price is different for the different years
   b.	Ho: The average purchase price is the same for the different years