The Probability Density Function F(x)shown Below Describes the Chances That

question 82

Short Answer

The probability density function f(x)shown below describes the chances that a computer circuit board will cost a manufacturer more than a certain number of dollars to produce.In this case, the cost of the circuit board, x, is measured in thousands of dollars.Find the height of the triangle that describes the probability density function.

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Definitions:

Total Commission

The cumulative amount of fees or charges paid for services, typically in sales or financial transactions.

Commission Payment Plans

A method of remuneration where employees or agents are paid based on the sales they generate, usually as a percentage of the sale price.

Monthly Salary

Regular payment from an employer to an employee, typically spread over a month, for performing agreed-upon professional tasks.

Commission

A fee or percentage of a transaction value paid to agents or employees for conducting a piece of business or a service.