+1-415-315-9853

info@mywordsolution.com

## Statistics

The annual commissions earned by the sales representative of machine products ,Inc., the manufacturer of light machinary, follow the normal probability distribution. The mean yearly amount earned is \$40,000 and standard deviation is \$5,000

a. Find out the percent of sales representatives earn more than \$ 42,000 per year?

b. What percent of the sales representatives earn between \$32,000 and \$42,000?

c. What percent of the sales representatives earn between \$32,000 and \$35,000?

d. The sales manager desires to award the sales representatives who earn the largest commissions a bonus of \$1,000. He can award a bonus to 20 percent of representatives. What is the cutoff point between those who earn the bonus and those who don't?

Statistics and Probability, Statistics

• Category:- Statistics and Probability
• Reference No.:- M917291

Have any Question?

## Related Questions in Statistics and Probability

### Please show the work step by step to make it

Please show the work step by step to make it understandable. A random sample of 16 students showed that the variance in the number of hours they spend studying for a final exam was 25 hours 2 Part a. Construct a 95% conf ...

### Within a forensic investigation a sample was independently

Within a forensic investigation, a sample was independently analyzed for lead content by two different laboratories, Lab 1 and Lab 2. The analysis that was performed on this sample by Lab 1 yielded a coefficient of varia ...

### Question at the first state bank the average savings

Question: At the first state bank the average savings account balance in 2004 was \$1300 with a standard deviation of \$80. A random sample of 45 savings account balances for 2005 yielded a mean of \$1350. At the alpha=01 s ...

### Q1 what do the statistical procedures in column 1 have in

Q1. What do the statistical procedures in column 1 have in common with the corresponding statistical procedures in column 2, and how do they differ? Column 1 Column 2 a. Mean a. Median b. Variance b. Standard deviation c ...

### Suppose we would like to determine if the typical amount

Suppose we would like to determine if the typical amount spent per customer for dinner at a new restaurant in town is more than \$20.00. A sample of 49 customers over a three-week period was randomly selected and the aver ...

### How did religion shape indian reaction to white settlement

How did religion shape Indian reaction to white settlement in the nineteenth century?

### The condorcet method the french mathematician condorcet

The Condorcet Method The French mathematician Condorcet proposed the following method for determining a social preference order based on the strict preferences of the individuals in society. A voter i with a strict prefe ...

### Generally researchers are more concerned about making a

Generally, researchers are more concerned about making a Type I error than a Type II error. Can you think of any instances in which you might be more concerned about making a Type II error?

### Data mining review questions - xlminer labs - cluster

Data Mining Review Questions - XLMiner Labs - Cluster Analysis1. Marketing to Frequent Flyers. The file EastWestAirlinesCluster.xls contains information on 4000 passengers who belong to the airline's frequent flier progr ...

### Data show that narcissistic people who have a grandiose

Data show that narcissistic people (who have a grandiose, inflated perception of themselves) often fly into a "narcissistic rage" when things don't go their way. (In other words, they throw a temper tantrum.) A resea ...

• 13,132 Experts

## Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

### Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

### Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

### Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

### Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

### Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen