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Quantitive Methods - questions and answers
- Essay length: 3460 words
- Submitted: 02/04/2012
The first 200 words of this essay...
Quantitative Methods Part I
Course Assignment 1
Question One
A pharmaceuticals company has consistently observed a strong correlation between the number of doctors their sales reps visit to inform them about new products and the unit volume of sales achieved. It samples 15 sales reps and asks them to provide a count of the number of doctors they visited in the previous week
Sales Rep
Number of Doctor
Visits
1
28
2
32
3
41
4
51
5
33
6
19
7
46
8
22
9
37
10
24
11
30
12
18
13
27
14
19
15
36
Total
463
1. What is the mean number of doctor visits for the previous week?
Mean, =
=
= 30.87
2. What is the median number of doctor visits for the previous week?
Number of Doctor
Visits
Sales Rep
18
12
19
6
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