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gayaneshka [121]
3 years ago
8

Three salesmen work for the same company, selling the same product. And, although they are all paid on a weekly basis, each sale

sman earns his paycheck differently. Salesman A works strictly on commission. He earns $65 per sale, with a maximum weekly commission of $1,300. Salesman B earns a weekly base salary of $300, plus a commission of $40 per sale. There are no limits on the amount of commission he can earn. Salesman C does not earn any commission. His weekly salary is $900.
On any given week, if Salesman B earns $1,020, how many sales did he have for the week?
Mathematics
1 answer:
Klio2033 [76]3 years ago
8 0

Answer:

Step-by-step explanation:

420

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Roman55 [17]

Answer: -1.78

Step-by-step explanation:

As per given description, we have

Population proportion : p=0.35

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Sample proportion : \hat{p}=\dfrac{156}{500}=0.312

Test statistic for population proportion :-

z=\dfrac{\hat{p}-p}{\sqrt{\dfrac{p(1-p)}{n}}}\\\\\\=\dfrac{0.312-0.35}{\sqrt{\dfrac{0.35(1-0.35)}{500}}}\\\\=-1.78146747757\ \ \text{(Simplified)}\\\\\approx-1.78

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