If (profit% is for real) then (Sales$ * Profit%) = (Profit$)
See below.
RRR

----- Original Message ----- 
From: "tellef" <[EMAIL PROTECTED]>
To: "All" <[EMAIL PROTECTED]>
Sent: Thursday, November 07, 2002 6:36 AM
Subject: Statistics experts needed


> 
> I guess I was sleeping when they taught this...  I want to
> know if there is an established business statistics theory
> for what I want to do.  A client has a simple salesperson's
> profitability report, and he wants it sorted from highest
> profit margin to lowest.  We have an RBase report to do this,
> and the report looks like this:
> 
>               #Sales   Sales$   Avg$      Profit%       Profit$
>    Salesman1      1      150         150         30          45
>    Salesman2     50    10000     200        25     2500
>    Salesman3     40    15000     375         20     3000
> 
> Obviously sorting by Profit% is misleading.  Salesman1 isn't
> exactly their 'best' salesman!  Salesman2 had the highest
> number of sales and the highest profit% (after the loafer #1).  
> But Salesman3 had highest total sales$ and average$!  
> 
> Is there a way to WEIGHT the profit%?  And what's the best 
> indicator of the 'best' salesman?  Is it the Total Sales$, 
> the Average$, the number of items sold?  I guess if there's
> a formula to weight the profit% then I could ask my client
> what other parameter is the most important to them.
> 
> 
> 
> Karen
> 
> 
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> 


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