Premier Bank Considers Population an Effective Measure of Sales Potential

Multiple Choice

Premier Bank considers population an effective measure of sales potential for its safe deposit boxes. It has broken down the population of the U.S. by region and assigned 30 percent of the total population to the Northeastern region. If Premier has a planned sales goal of $2.5 million nationwide, and actual sales in the Northeastern region last year were $650,000, what was the Northeastern region's performance index (to the nearest whole number percent) ?

A) 33 percent
B) 50 percent
C) 66 percent
D) 75 percent
E) 87 percent