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Naveen is a salaried nonexempt employee who earns annually $39,500 for a 40-hour workweek that is paid semimonthly. He is occasionally on-call for his employer. During the on-call time, Naveen is required to be available for phone calls and must have internet access, but is otherwise able to pursue his own interests. Company policy allows for four hours of regular pay for each day that the employee is on-call. How much should Naveen's gross pay be for a pay period in which he is on-call for three days? (Do not round interim calculations. Round final answer to two decimal places.)
P(x = a)
The probability of a random variable x taking on a specific value a.
P(x = a)
The probability that the random variable X is equal to some value a.
Continuous Random Variable
A type of random variable that can take an infinite number of possible values in a continuum or interval on the number line.
P(x > a)
Represents the probability of a random variable X taking a value greater than a specific number a.
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