<span>Jack Watkins earns a base salary of $1500 a month, plus a 4% commission on the sales he makes. What is his gross pay of his sales for the month are $8000.
solution:
Gross pay=(salary)+(commissions)
base salary=$1500
commission=4%
monthly sales=$8000
commissions earned in cash
=4/100</span>×8000
=$320
thus
Gross salary=320+1500=$1820
Answer:
1. 68%
2. 50%
3. 15/100
Step-by-step explanation:
Here, we want to use the empirical rule
1. % waiting between 15 and 25 minutes
From what we have in the question;
15 is 1 SD below the mean
25 is 1 SD above the mean
So practically, we want to calculate the percentage between;
1 SD below and above the mean
According to the empirical rule;
1 SD above the mean we have 34%
1 SD below, we have 34%
So between 1 SD below and above, we have
34 + 34 = 68%
2. Percentage above the mean
Mathematically, the percentage above the mean according to the empirical rule for the normal distribution is 50%
3. Probability that someone waits less than 5 minutes
Less than 5 minutes is 3 SD below the mean
That is 0.15% according to the empirical rule and the probability is 15/100
5:50 —> divide by 5 so it becomes 1:10
: means to
The ratio of 2 to 6 can be expressed as 2:6 which can be reduced to 1:3
