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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,John's commission from the jewellery store will be between what two values symmetrically distributed around the population mean 90% of the time?
HR Diversity Management
Practices and strategies aimed at creating a diverse and inclusive workplace that values differences among employees in terms of age, gender, ethnicity, and other factors.
Internal Environment
The Internal Environment refers to the conditions, entities, events, and factors within an organization that influence its activities and choices.
SWOT Analysis
A strategic planning technique used to identify and evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or business venture.
Competitive Scopes
The range or domain in which a company chooses to compete, based on factors like geography, product range, and market segment.
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