Mathematics, 30.10.2020 19:20, anjoliej9
Eitan sells a mean of \$8000$8000dollar sign, 8000 worth of merchandise with a standard deviation of \$1500$1500dollar sign, 1500 each month.
Each month, Eitan earns a base salary of \$2000$2000dollar sign, 2000 plus a commission of 30\%30%30, percent of his sales. He calculates his total salary according to this formula:
\text{[total salary]}=\text{commission}+\text{[b ase salary]}[total salary]=commission+[base salary]start text, open bracket, t, o, t, a, l, space, s, a, l, a, r, y, close bracket, end text, equals, start text, c, o, m, m, i, s, s, i, o, n, end text, plus, start text, open bracket, b, a, s, e, space, s, a, l, a, r, y, close bracket, end text
What will be the mean and standard deviation of the distribution of Eitan's total monthly salary?
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Eitan sells a mean of \$8000$8000dollar sign, 8000 worth of merchandise with a standard deviation of...
Mathematics, 31.05.2020 05:00