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Essay / Research Paper Abstract
This 3 page paper analyses two sets of data provided by the student. Each is a data set of amounts of commission earned by sales teams. The two sets of data are analysed looking at the range, median, mode and mean with the standard deviation. The bibliography cites 2 sources.
Page Count:
3 pages (~225 words per page)
File: TS14_TEsetsda.rtf
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Unformatted sample text from the term paper:
aim of the exercise is to compare the sets of figures and consider if they indicate the same or similar patterns, or if there is a discernable different. It is
worth noting that we have to samples that are different sizes, the athletics department has 40 and the large retailers section has only thirty. The first aspect we can
look at is the range, the range of the athletics departments is larger, with a range of 3,198 compared to only 1,846 for those who deal with the large retailers.
For this we see there is a much larger variance. The minimum level of commission for the reps dealing with athletics stores was 4 and the maximum was 3,202. If
we compare this to the range of the reps that deal with the large retail stores the smaller range is also skewed more towards the lower end of the commission
scales with a minimum of 12 and a maximum of 1,858. If we consider the athletic store reps and decide to reduce the size of the sample so that
both samples have the same size. We can do this by taking off the extremes at either end, meaning 5 at the top and five at the bottom, we have
a sample that looks more like the large retail store reps. This adjusted sample of athletic stores reps has a range of 1,596 with a minimum of 87 with a
maximum of 1,683. This is trimming the sample and as such it not accurate as it is The next stage is to look at the average. There are several
ways an average may be measures. The mean, mode and median. The median is the middle number when all the values are placed in a line and the centre point
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