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ludmilkaskok [199]
3 years ago
5

Over the last 3 years, salesperson A has earned twice as much as salesper B who in turn has averaged 50% more than salesper C. T

he 3 combined to make $220,000 ver 3 years. How much did salesper B earn on average?
Mathematics
2 answers:
Valentin [98]3 years ago
8 0

Answer:

20,000

Step-by-step explanation:

bekas [8.4K]3 years ago
4 0
<span>A has earned twice as much as B so: A=2B
B has averaged 50% more than C so: B=C+0.5C
Combined is 220K, So A+B+C=220,000

The last equation can be re-written as:
2B+1.5C+C=220K
AND since A=2B, it can be rewritten again as:
3C+1.5C+C=220K

Now you can get C finally, since B=1.5C you can get B, then to get the average, just divide that by 3 (years) and you should be done.
So B = 60000 for 3 years</span>
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98%  Confidencce Interval is ( 3030.6, 7467.4 )

Step-by-step explanation:

Given that:

Sample size n_1 = 71

Sample size n_2 = 31

Sample mean \overline x_1 = 41628

Sample mean x_2 = 36,379

Population standard deviation \sigma_1 = 4934

Population standard deviation \sigma_2 = 4180

At 98% confidence interval level, the level of significcance = 1 - 0.98 = 0.02

Critical value at z_{0.02/2} = 2.33

The Margin of Error = z \times \sqrt{\dfrac{\sigma_1^2}{n_1}+\dfrac{\sigma^2_2}{n_2} }

= 2.33 \times \sqrt{\dfrac{4934^2}{71}+\dfrac{4180^2}{31} }

= 2.33 \times \sqrt{\dfrac{24344356}{71}+\dfrac{17472400}{31} }

= 2.33 \times \sqrt{906504.06 }

= 2218.40

The Lower limit = ( \overline x_1 - \overline x_2) - (Margin \ of \ error)

= ( 41628 - 36379 ) - ( 2218.40)

= 5249 - 2218.40

= 3030.6

The upper limit = ( \overline x_1 - \overline x_2) + (Margin \ of \ error)

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= 7467.4

∴  98%  Confidencce Interval is ( 3030.6, 7467.4 )

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3 years ago
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