Answer:
yes
Step-by-step explanation:
Hello! She earns a salary of $2,100, which is the fixed amount each month, plus 5% commission on her sales. To find out the amount of sales that will help her reach her goal, set up the inequality like this:
2,100 + 0.05x ≥ 2,400
We set it up like this, because $2,100 is the one-time price per month, and she earns 5% of her sales as commission. Plus, the key words "at least" means the inequality sign is greater than or equal to (≥)
How to solve this:
First off, subtract 2,100 from both sides, when you do, you get 0.05x ≥ 300. Now, divide each side by 0.05 to isolate the "x". 300/0.05 is 6,000. Let's check this. 6,000 * 5% (0.05) is 300. There. x = 6,000. Liz will need to sell $6,000 worth of items this month in order to meet her goal.
Answer:
-2
Step-by-step explanation:
Plug in the respected values for x and y.
Divide and get -2
Answer:
a. 0.8366
b. No
Step-by-step explanation:
We will use the central limit theorem which can be applied to a random sample from any distribution as long as the mean and the variance are both finite and the sample size is large (the sample size n should be greater than 30). Here we have that the tip percentage at the restaurant has a mean value of 18% and a standard deviation of 6%, then because of the central limit theorem, we know that the sample mean tip percentage is approximately normally distributed with mean 18% and standard deviation
.
a. The z-score related to 16% is given by (16-18)/0.9487 = -2.1081 and the z-score related to 19% is given by (19-18)/0.9487 = 1.0541. We are looking for
b. If the sample size had been 15 rather than 40, then, the probability requested in part (a) could not be calculated from the given information, this because the central limit theorem only applies when the sample size is large, for example n > 30.