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Oscar is using R to analyse some data from the sales department at his work. Oscar has created a vector in R that he has named "staff.sales.revenue", where each element of "staff.sales.revenue" corresponds to the sales revenue from the previous month for a staff member of the sales department. Therefore, the length of the vector "staff.sales.revenue" will equal the number of staff members in the sales department. Oscar has also created a variable in R named "target.value" that is equal to the monthly sales revenue target (a single number) which staff members in the sales department are supposed to meet.
Oscar wants to produce a single value that tells him whether every staff member in the sales department exceeded the target. What code should Oscar enter into R?
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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