Tom is a salesman. The following are the details regarding source of his income. Base weekly salary = $350 Sales commission = 12% of price the item sold Average price of items sold = $270 Average weekly number of items sold, E(x) = 30 Standard deviation of number of items sold per week, sd(x) = 6.8 Number of weeks a year Tom works = 48 26 The standard deviation of Tom's annual income is, a $10,575.36 b $10,902.00 c $11,239.00 d $11,587.00
Tom is a salesman. The following are the details regarding source of his income. Base weekly salary = $350 Sales commission = 12% of price the item sold Average price of items sold = $270 Average weekly number of items sold, E(x) = 30 Standard deviation of number of items sold per week, sd(x) = 6.8 Number of weeks a year Tom works = 48 26 The standard deviation of Tom's annual income is, a $10,575.36 b $10,902.00 c $11,239.00 d $11,587.00
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 24PFA
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Tom is a salesman. The following are the details regarding source of his income. |
Base weekly salary = | $350 | ||||||
Sales commission = | 12% | of price the item sold | |||||
Average price of items sold = | $270 | ||||||
Average weekly number of items sold, E(x) = | 30 | ||||||
Standard deviation of number of items sold per week, sd(x) = | 6.8 | ||||||
Number of weeks a year Tom works = | 48 |
26 | The standard deviation of Tom's annual income is, | ||||
a | $10,575.36 | ||||
b | $10,902.00 | ||||
c | $11,239.00 | ||||
d | $11,587.00 |
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