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Finding the amount of sales using normal approximation method.
Membership in the Super Savings Club is limited to the top 10% of sales associates at XYZ Corp. Individuals in the top 5% of sales associates have "gold status". If the mean monthly sales for sales associates is $52,000 and the standard deviation is $14,000 and the sales amounts are normally distributed.

a) What amount of sales would be required to be a super savings club member?

b) What amount of sales would be required to be a gold club status?

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Statistics and Probability, Statistics

Category:- Statistics and Probability
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