Insurance: Sales An executive at the home office of Big

Chapter , Problem 7

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Insurance: Sales An executive at the home office of Big Rock Life Insurance is considering three branch managers as candidates for promotion to vice president. The branch reports include records showing sales volume for each salesperson in the branch (in hundreds of thousands of dollars). A random sample of these records was selected for salespersons in each branch. All three branches are located in cities in which per capita income is the same. The executive wishes to compare these samples to see if there is a significant difference in performance of salespersons in the three different branches. If so, the information will be used to determine which of the managers to promote.

Use an \(\alpha = 0.01\) level of significance. Shall we reject or not reject the claim that there are no differences among the performances of the salespersons in the different branches?

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