probability is about .95 that the 95% confidence interval will include the true population parameter. On the other hand, 2.5% of the time the highest value in the confidence interval will be smaller than the true value, while 2.5% of the time the smallest value in the confidence interval will be greater than the true value.
Just remember, low prices sell more quickly. When in doubt, go back to Step 1 and remind yourself WHY you are having a garage sale. Then, proceed with your pricing.Items sold for $1 sell much faster than those sold for $5 or more. For the best results, keep your prices in the $1 to $2 range.
Like commissions paid on gross profit, revenue commissions are often used in combination with other compensation forms. Found most often in auto sales, placement fees give a set amount for each unit sold. Say you sell cars. If you are paid $300 for each car, that $300 is considered a placement fee. Placement fees are often added as additional bonuses in comp plans and serve to enhance other commissions that can be earned by sales professionals.