Sales Salespeople for a solar technology company have average annual sales of $ 200 , 000 , with a standard deviation of $ 20 , 000 What percentage of the salespeople would be expected to make annual sales of $ 240 , 000 or more? Assume a normal distribution .
Sales Salespeople for a solar technology company have average annual sales of $ 200 , 000 , with a standard deviation of $ 20 , 000 What percentage of the salespeople would be expected to make annual sales of $ 240 , 000 or more? Assume a normal distribution .
Solution Summary: The author calculates the percentage of salespeople expected to make annual sales of 240,000 or more.
Sales Salespeople for a solar technology company have average annual sales of
$
200
,
000
, with a standard deviation of
$
20
,
000
What percentage of the salespeople would be expected to make annual sales of
$
240
,
000
or more? Assume a normal distribution.
Features Features Normal distribution is characterized by two parameters, mean (µ) and standard deviation (σ). When graphed, the mean represents the center of the bell curve and the graph is perfectly symmetric about the center. The mean, median, and mode are all equal for a normal distribution. The standard deviation measures the data's spread from the center. The higher the standard deviation, the more the data is spread out and the flatter the bell curve looks. Variance is another commonly used measure of the spread of the distribution and is equal to the square of the standard deviation.
Keity
x२
1. (i)
Identify which of the following subsets of R2 are open and which
are not.
(a)
A = (2,4) x (1, 2),
(b)
B = (2,4) x {1,2},
(c)
C = (2,4) x R.
Provide a sketch and a brief explanation to each of your answers.
[6 Marks]
(ii)
Give an example of a bounded set in R2 which is not open.
[2 Marks]
(iii)
Give an example of an open set in R2 which is not bounded.
[2 Marks
2.
(i)
Which of the following statements are true? Construct coun-
terexamples for those that are false.
(a)
sequence.
Every bounded sequence (x(n)) nEN C RN has a convergent sub-
(b)
(c)
(d)
Every sequence (x(n)) nEN C RN has a convergent subsequence.
Every convergent sequence (x(n)) nEN C RN is bounded.
Every bounded sequence (x(n)) EN CRN converges.
nЄN
(e)
If a sequence (xn)nEN C RN has a convergent subsequence, then
(xn)nEN is convergent.
[10 Marks]
(ii)
Give an example of a sequence (x(n))nEN CR2 which is located on
the parabola x2 = x², contains infinitely many different points and converges
to the limit x = (2,4).
[5 Marks]
2.
(i) What does it mean to say that a sequence (x(n)) nEN CR2
converges to the limit x E R²?
[1 Mark]
(ii) Prove that if a set ECR2 is closed then every convergent
sequence (x(n))nen in E has its limit in E, that is
(x(n)) CE and x() x
x = E.
[5 Marks]
(iii)
which is located on the parabola x2 = = x
x4, contains a subsequence that
Give an example of an unbounded sequence (r(n)) nEN CR2
(2, 16) and such that x(i)
converges to the limit x = (2, 16) and such that x(i)
#
x() for any i j.
[4 Marks
Chapter 10 Solutions
Pearson eText for Finite Mathematics for Business, Economics, Life Sciences, and Social Sciences -- Instant Access (Pearson+)
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