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boyakko [2]
2 years ago
7

As marketing vice president of Health Care Services, Inc., you must test the hypothesis that increasing the number of salespeopl

e assigned to a territory will increase sales of health care services in the territory. Which experiment will do this best?
Business
1 answer:
likoan [24]2 years ago
6 0

Answer: A.Select different numbers of sales people as your independent variable and changes in sales of health care servers, as the dependent variable

Explanation:

Here is the complete question:

As marketing vice president of Health Care Services, Inc., you are in charge of developing an experiment to test the hypothesis that increasing the number of salespeople assigned to a territory will increase sales of health care services in the territory. Which experiment will do this best?

A.Select different numbers of sales people as your independent variable and changes in sales of health care servers, as the dependent variable.

B. Select three degrees of service health care (poor, good, average) as your independent variable and measure customer responses for each grade using the same number of sales representatives in each territory as your dependent variable.

C. Create an incentive program for your sales force based upon individual performance. Use increases in customer satisfaction as your independent variable and increases in sales performance as your dependent variable.

D. Create an incentive program for our sales force based upon individual performance. Use increases in customer satisfaction as your dependent variable, and increases in sales performance as your independent variable.

E. Create an incentive program for your sales force based upon team performance. Use increases in customer satisfaction as your independent variable and increases in sales performance as your dependent

variable

From the question, the vice president wants to test the hypothesis that an increase in the number of salespeople that are assigned to a territory will also increase the sales of health care services in the territory.

The interest is on whether changing one of the independent variables leads to a change in the behavior of its dependent variable which is studied. Increase in the number of the salespeople that are assigned to a territory is the causal condition which is the independent variable while the change in sales is the dependent variable. The problem was based upon the number of sales representatives, and not upon the sales performance, therefore options b, c, d, and e are not correct.

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g According to the CAPM, what is the expected rate of return for a stock with a beta of 1.2. when the risk-free rate is 6% and t
lys-0071 [83]

Answer:

20.40%

Explanation:

According to CAPM :

expected rate of return = risk free rate + (beta x market rate of return)

6% + (1.2 x 12%) = 20.40%

6 0
2 years ago
The unit price of a product is $20. A manufacturer who needs this product has an inventory carrying cost of 30% of unit value pe
Masteriza [31]

Answer:

Re-order time 1 month

Explanation:

EOQ = \sqrt{2DS/H}

D= 450 units

S=10

H=30%

EOQ=\sqrt{2*450*10/6} = 39 units

Number of units D/EOQ = 450/39 = 12

re-order time = total period / Number of orders = 1 year /12

= 1 month

5 0
2 years ago
Professor Shethinks Shesverybusy needs to allocate time this week for office appointments, so she needs to forecast the number o
Burka [1]

Answer: This Week's forecast  = 78 appointments

Explanation:

4 Weeks ago = 95 , 3 Weeks ago =80 , 2 Weeks ago = 65 , last Week = 50

forecast : 2 weeks ago = 90

alpha = 0.20

exponential smoothing = recent previous appointment x a + forecast(1-a)

Forecast (last week) = 65 x 0.20 + 90 x (1 - 0.20)

Forecast (last week) = 13 + 72 = 85

Forecast for this week = 50 x 0.20 + 85 x (1 - 0.20)

Forecast for this week = 10 + 68 = 78

This Week's forecast would be 78 appointments

7 0
3 years ago
Seaview Company took the following data from their income statement at the end of the current year.Per-unit product cost:$30Gros
MakcuM [25]

Answer:

Gross margin= $40,000

Explanation:

Giving the following information:

Per-unit product cost: $30

Gross margin percentage:40%

Selling and administrative expenses $30,000

Operating income$10,000

We know that:

operating income= gross margin- selling and administrative income

10000= gross margin- 30000

40000= gross margin

5 0
2 years ago
Use the following to answer questions 3-8: ​ Number of Workers Total Cost 0 1000 1 2200 2 3200 3 4000 4 4600 5 5000 6 5200 7 560
Firlakuza [10]

Answer:

Firm should hire the 4th worker as MR > MC.

Explanation:

Here, we are comparing the marginal cost of hiring 4th worker with the revenue generated by the 4th worker.

Marginal cost of hiring 4th worker:

= Total cost with 4 workers - Total cost with 3 workers

= $4,600 - $4,000

= $600

Total revenue generated by the 4th worker:

= Number of units produced by 4th worker × Price of each unit

= 50 × $15

= $750

Therefore, the firm should hire the 4th worker as the marginal revenue of 4th worker is greater than its marginal cost.

3 0
3 years ago
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