New representatives for Clark Sprocket and Chain Inc. attended a brief training program
Chapter 0, Problem 27(choose chapter or problem)
New representatives for Clark Sprocket and Chain Inc. attended a brief training program before being assigned to a regional sales office. At the end of the training program, the representatives were ranked with respect to future sales potential by the vice president of sales. At the end of the first sales year, their rankings were paired with their first year sales: a. Compute and interpret the coefficient of rank correlation between first-year sales and rank after the training program. b. At the .05 significance level, can we conclude that there is a positive association between first-year sales dollars and ranking in the training program?
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