Question 4 The annual commissions earned by sales representatives of a computer shop follow a normal distribution with a mean of RM43200 and a standard deviation of RM5700. a) What percent of the sales representatives earn between RM40000 and RM52500? b) The sales manager of the computer shop wants to award the sales representatives who earn the largest commissions a bonus of RM1000. He can award a bonus to 10.2 percent of the sales representatives. What is the cut-off point between those who earn a bonus and those who do not?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Question4

Question 4
The annual commissions earned by sales representatives of a computer shop follow a
normal distribution with a mean of RM43200 and a standard deviation of RM5700.
a)
What percent of the sales representatives earn between RM40000 and
RM52500?
The sales manager of the computer shop wants to award the sales
representatives who earn the largest commissions a bonus of RM1000. He can
award a bonus to 10.2 percent of the sales representatives. What is the cut-off
point between those who earn a bonus and those who do not?
b)
Transcribed Image Text:Question 4 The annual commissions earned by sales representatives of a computer shop follow a normal distribution with a mean of RM43200 and a standard deviation of RM5700. a) What percent of the sales representatives earn between RM40000 and RM52500? The sales manager of the computer shop wants to award the sales representatives who earn the largest commissions a bonus of RM1000. He can award a bonus to 10.2 percent of the sales representatives. What is the cut-off point between those who earn a bonus and those who do not? b)
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