Given:
Lamont cotton is 4% commission on the first 10,000 of monthly sales and 10% on all sales over 10,000.
Consider his last month sales is 38,000.
To find:
The total commission.
Solution:
4% commission on the first 10,000 of monthly sales is
Sales over 10,000 is
10% commission on all sales over 10,000 is
Now, the total commission is
Therefore, the total commission is 3,200.
Strong, they are all close together and close to the line.
Answer: is not / is one x-value
Step-by-step explanation:
Answer:
A: No
B: Yes
C: Yes
D: No
Step-by-step explanation:
A: Navy is obviously the bigger ratio so A is wrong
B: If you multiply both values by 18 you get the 3:1 ratio
C: If you Multiply both values by 5, you get the 3:1 ratio
D: Like A, Navy is always going to be bigger so D is wrong
Answer: 0.0241
Step-by-step explanation:
This is solved using the probability distribution formula for random variables where the combination formula for selection is used to determine the probability of these random variables occurring. This formula is denoted by:
P(X=r) = nCr × p^r × q^n-r
Where:
n = number of sampled variable which in this case = 21
r = variable outcome being determined which in this case = 5
p = probability of success of the variable which in this case = 0.31
q= 1- p = 1 - 0.31 = 0.69
P(X=5) = 21C5 × 0.31^5 × 0.69^16
P(X=5) = 0.0241
