Examlex

Solved

Instruction 6.2 John Has Two Jobs. for Daytime Work at a Jewellery

question 34

Short Answer

Instruction 6.2
John has two jobs. For daytime work at a jewellery store he is paid $15,000 per month, plus a commission. His monthly commission is normally distributed with mean $10,000 and standard deviation $2,000. At night he works 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 Instruction 6.2,for a given month,what is the probability that John's commission from the jewellery store is no more than $8,000?


Definitions:

Media Richness

The ability of a communication medium to effectively convey information and promote understanding in a timely manner.

Employee Use

Pertains to how organizations leverage the skills, abilities, and time of their workforce to achieve business objectives and operational requirements.

E-Mail

E-mail is a system for sending messages and documents over a computer network, allowing for electronic communication between individuals.

Jargon

Specialized terminology used by a particular group, profession, or culture that may be difficult for outsiders to understand.

Related Questions