Examlex

Solved

SCENARIO 6-2 John Has Two Jobs.For Daytime Work at a Jewelry Store

question 144

Short Answer

SCENARIO 6-2
John has two jobs.For daytime work at a jewelry store he is paid $15,000 per month,plus a commission.His monthly commission is normally distributed with mean $10,000 and standard deviation $2000.At night he works occasionally as a waiter,for which his monthly income is normally distributed with mean $1,000 and standard deviation $300.John's income levels from these two sources are independent of each other.
-Referring to Scenario 6-2,for a given month,what is the probability that John's commission from the jewelry store is between $5,000 and $7,000?


Definitions:

Sexual Orientation

An inherent or immutable enduring emotional, romantic, or sexual attraction to other people, which can vary in intensity and is not limited by gender identities.

Illegality

The quality or state of being contrary to law or against the laws of a society, making an action or conduct not permissible.

Revocation

The official cancellation or withdrawal of an offer, license, right, or permission.

Counteroffer

A counteroffer is a proposal made in response to an original offer, altering its terms and effectively rejecting the initial offer.

Related Questions