Instruction 6-4 John Has Two Jobs.For Daytime Work at a Jewelry Store

question 185

Short Answer

Instruction 6-4
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 $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 6-4,for a given month,what is the probability that John's commission from the jewelry store is between $9,000 and $11,000?

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Privileged

Refers to having special rights, advantages, or immunities that are not available to everyone.

Representation Clause

A contractual provision where one party guarantees certain facts or conditions to be true or to occur.

Exculpatory Clause

An exculpatory clause is a contract provision that absolves one party from liability for harm or damages incurred by the other party.

Liability Clause

A provision in a contract that outlines the responsibilities and liabilities of each party involved in the agreement.