Answer: the employee must make sales of $32000
Step-by-step explanation:
Let x represent the total sales that the employee makes in a month.
One employee of a computer store is paid a base salary of $2,000 a month plus an 8% commission on all sales over $7,000 during the month. This means that if the employee makes sales of $x in a month, his total earnings for that month would be
2000 + 8/100(x - 7000)
= 2000 + 0.08(x - 7000)
= 2000 + 0.08x - 560
= 0.08x + 1440
Therefore, for the employee to earn
a total of $4,000 for the month, the amount of sales would be
0.08x + 1440 = 4000
0.08x = 4000 - 1440
0.08x = 2560
x = 2560/0.08
x = $32000
Answer:
um
Step-by-step explanation:
Answer:
94
Step-by-step explanation:
Margin of error = E = $ 120
Confidence Level = 95%
The z-score for 95% confidence level from the z-table = z = 1.96
Population standard deviation = σ = $593
Sample size = n = ?
The formula to calculate the margin of error is:

Re-arranging the equation, we get:

Using the given values in above equation, we get:

Rounding of to next higher integer, we get n = 94
Thus, we need a sample size of 94 to estimate an unknown population mean μ
Answer:
Option d)

Step-by-step explanation:
We are given the following in the question:
Three of four people believed that the state of the economy was the country's most significant concern.
They would like to test the new data against this prior belief.
The null hypothesis will state that the three of four people believed that the state of the economy was the country's most significant concern.
The alternate hypothesis will state that this is not true. It states that people believed that the state of the economy was the country's most significant concern is not the same.

We design the null and the alternate hypothesis

The points I chose and their connection are shown in the attached graph.