Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN: 9781305627734
Author: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher: Cengage Learning
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Textbook Question
Chapter 3, Problem 1P
A sales manager is trying to determine appropriate sales performance bonuses for her team this year. The following table contains the data relevant to determining the bonuses, but it is not easy to read and interpret. Reformat the table to improve readability and to help the sales manager make her decisions about bonuses.
Expert Solution & Answer
To determine
Provide reformation for the table to improve readability.
Answer to Problem 1P
The table is reformatted as follows:
Salesperson | Total Sales ($) | Average Performance Bonus Previous Years ($) | Customer Accounts | Years with Company |
Smith, Michael | 325,001 | 124,99 | 124 | 14 |
Yu, Joe | 13,678 | 240 | 9 | 7 |
Reeves, Bill | 452,359 | 219,87 | 175 | 21 |
Hamilton, Joshua | 87,424 | 7643 | 28 | 3 |
Harper, Derek | 87,654 | 1,250 | 21 | 4 |
Quinn, Dorothy | 234,091 | 14,568 | 48 | 9 |
Graves, Lorrie | 379,402 | 27,981 | 121 | 12 |
Sun, Yi | 31,734 | 673 | 7 | 1 |
Thompson, Nicole | 127,845 | 13,323 | 17 | 3 |
Explanation of Solution
In order to improve readability, the following steps are carried out in the given table:
- Unnecessary gridlines are deleted.
- Bold font is removed except for column titles.
- Text columns are left aligned and numerical columns are right aligned.
- A comma separator is added to the numerical values that represent the dollar.
- Unnecessary decimal digits are removed.
Thus, the table is reformatted to improve readability.
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Chapter 3 Solutions
Essentials of Business Analytics (MindTap Course List)
Ch. 3 - A sales manager is trying to determine appropriate...Ch. 3 - The following table shows an example of gross...Ch. 3 - The following table provides monthly revenue...Ch. 3 - In the file MajorSalary, data have been collected...Ch. 3 - Entrepreneur magazine ranks franchises. Among the...Ch. 3 - The file MutualFunds contains a data set with...Ch. 3 - The file TaxData contains information from federal...Ch. 3 - The file FDICBankFailures contains data on...Ch. 3 - The following 20 observations are for two...Ch. 3 - The file Fortune500 contains data for profits and...
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