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

question 66

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,the probability is 0.95 that John's commission from the jewelry store is at least how much in a given month?

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Best-Qualified People

Individuals possessing superior qualifications, skills, and competencies that are most desirable for a specific job.

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The framework of laws, regulations, and legal principles that govern particular situations or actions.

Discrimination

The unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

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The strategic approach to managing a company's workforce, focusing on attracting, hiring, training, and retaining employees.