Solve this inequality: -3 - 6(4x + 6) > -111
1 answer:
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Answer:
The expectation of the policy until the person reaches 61 is of -$4.
Step-by-step explanation:
We have these following probabilities:
0.954 probability of a loss of $50.
1 - 0.954 = 0.046 probability of "earning" 1000 - 50 = $950.
Find the expectation of the policy until the person reaches 61.
Each outcome multiplied by it's probability, so:
The expectation of the policy until the person reaches 61 is of -$4.
Answer:
The total salary of her is $1066666.66.
Step-by-step explanation:
Given : Allison earns a $40,000 base salary plus a commission equal to 15% of her total sales. If she sold $200,000 worth of goods.
To find : What was her total salary?
Solution :
Let x be the total salary.
Allison earns a $40,000 base salary.
If she sold $200,000 worth of goods.
i.e. the amount is $200,000-$40,000=$160,000
The total salary is given by,
$160,000=15% of x
The total salary of her is $1066666.66.