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Whitepunk [10]
3 years ago
10

An insurance company pays Tommy a $400 commission for selling a $100,000 insurance policy. At this rate, what would be Tommy’s c

ommission for selling a $25,000 insurance policy ?
Mathematics
1 answer:
ololo11 [35]3 years ago
6 0

Answer:

$100

Step-by-step explanation:

He gets paid a commission of $400 for a $100,000 insurance policy. We need to find out how much he's gonna get paid for a $25,000 insurance policy.


Break down the $100,000 into four equal amounts if possible, which it is:

$25,000

$25,000

$25,000

$25,000

Now break down his commission of $400 for the $100,000 insurance policy into four equal amounts if possible, which it is:

$100

$100

$100

$100

Now since we split them up into four equal parts you can tell how much he would get paid for a $25,000 insurance policy.

He would get paid $100 for the $25,000

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uysha [10]

Answer: 0.38

Step-by-step explanation:

Since the variable x is represented by a standard normal distribution, the probability of x > 0.3 will be calculated thus:

P(x > 0.3)

Then, we will use a standard normal table

P(z > 0.3)

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= 1 - 0.62

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Therefore, p(x > 0.3) = 0.38

The probability of x > 0.3 is 0.38.

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Hunter-Best [27]
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