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.
Let T be a tree. Prove that if T has a vertex of degree k, then T has at least k leaves.
Homework Let X1, X2, Xn be a random sample from f(x;0) where
f(x; 0) = (-), 0 < x < ∞,0 € R
Using Basu's theorem, show that Y = min{X} and Z =Σ(XY) are indep.
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Homework Let X1, X2, Xn be a random sample from f(x; 0) where
f(x; 0) = e−(2-0), 0 < x < ∞,0 € R
Using Basu's theorem, show that Y = min{X} and Z =Σ(XY) are indep.
Chapter 11 Solutions
Finite Mathematics for Business, Economics, Life Sciences and Social Sciences Plus NEW MyLab Math with Pearson eText -- Access Card Package (13th Edition)
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