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

question 15

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 at least $12,000?

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Definitions:

Authenticity

The degree of genuineness and truthfulness in a brand's origins, promises, and actions, perceived by its audience.

Brand Storytelling

The use of narrative to communicate a brand’s values, history, and purpose, engaging customers on an emotional level.

Authenticity Deficit

The gap between a brand's promise and its actual customer experience, potentially leading to diminished trust and loyalty.

Brand Purpose

The reason a brand exists beyond making a profit, often related to a social good or impact that aligns with its values and mission.