The answer is a <span>42.857% chance which is 3/8
I'm glad to help, I hope this was helpful </span>
Answer:
There is a 34.13% probability that the actual return will be between the mean and one standard deviation above the mean.
Step-by-step explanation:
This is problem is solving using the Z-score table.
The Z-score of a measure measures how many standard deviations above/below the mean is a measure. Each Z-score has a pvalue, that represents the percentile of a measure.
What is the probability that the actual return will be between the mean and one standard deviation above the mean?
One measure above the mean is 
The mean is 
This means that this probability is the pvalue of
subtracted by the pvalue of
.
has a pvalue of 0.8413.
has a pvalue of 0.50.
This means that there is a 0.8413-0.50 = 0.3413 = 34.13% probability that the actual return will be between the mean and one standard deviation above the mean.
Answer:
Multiples of 6: 6, 12, 18, 24, 30, 36 Multiples of eight:8, 16, 24, 32, 40,
Step-by-step explanation:
We simply take the amount he needs no earn ($500) subtract what he gets for each sale ($50) and divide with the percentage he gets (2% = 0.02)
500-50 = 450
450/0.02 = 22500
The salesperson has to sell a car for $22500 in order to earn $500 himself