Question 1 of 28
A sales manager at a software company is analyzing the performance of their sales team over the last quarter. They have identified that the average deal size is $15,000, and the team closed 20 deals in total. However, they also noted that 30% of the deals were won through competitive bidding, which typically requires more resources and time. The manager wants to understand the impact of competitive bidding on the overall sales performance. If the average time to close a deal through competitive bidding is 45 days, compared to 30 days for non-competitive deals, what is the total average time spent on closing all deals, considering the distribution of competitive and non-competitive deals?
36 days
40 days
42 days
38 days

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