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

question 49

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,the probability is 0.45 that John's income as a waiter is more than how much in a given month?

Understand the supremacy clause and its effect on conflicting state and federal laws.

Recognize the rights to free speech, petition, and assembly under the First Amendment.

Comprehend the legal distinctions between protected and unprotected speech under the First Amendment.

Understand the concept of set-point theory and its implications on body weight maintenance.

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Definitions:

Circular-Flow Diagram

A visual model that depicts how goods, services, and money move through an economy, illustrating the interactions between households and firms.

Sector

A distinct subset of a market, economy, or field of operation, often categorized by similar characteristics or types of economic activity.

Services

Intangible activities or benefits that are typically provided to satisfy the needs or wants of consumers or businesses.

Goods

Tangible products or items that satisfy human wants or needs and can be transferred from one person to another.