Answer:
An invoice was paid an average of 20 days after it was received.
Mean =
Standard deviation =
Now we are supposed to find what percent of the invoices were paid within 15 days of receipt i.e.P(x<15)
Formula :
At x = 15
Substitute the values
Refer the z table for p value
So, p value = 0.1587
So, 15.87% of the invoices were paid within 15 days of receipt
Step-by-step explanation:
Answer:
The relator recived $8,186.4
Step-by-step explanation:
What you have to do is find the 60% of the commission. Commission is 4% of $341,100 (100%)
First do a cross multiplication to find 4% of $341,100
100% ___ $341,100
4%______x:

So, the 4% of $341,100 is $13,466
Now you have to find the 60% of $13,466
100% ___ $13,466
60%______x:

The answer is: $8,186.4
Answer: 7.5
Step-by-step explanation:
Answer:
16
Step-by-step explanation: