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Ahat [919]
4 years ago
8

Joe manages a local drug store. His base salary is $300 per week plus 1.8% of the weekly sales at the store. What must the weekl

y sales be in order for him to make $570 per week?
Mathematics
1 answer:
Montano1993 [528]4 years ago
5 0
Let x be the total weekly sales.

His salary is $300/week + 1.8% (x), if he wants to earn $570, then:

300 + 1.8%(x) = 570
1.8%(x) = 270
0.018 (x) = 270

and x = 270/0.018 = $15,000

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a) the probability is P(G∩C) =0.0035 (0.35%)

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Step-by-step explanation:

defining the event G= the customer is a good risk  , C= the customer fills a claim then using the theorem of Bayes for conditional probability

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replacing values

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b) for P(C)

P(C) = probability that the customer is a good risk *  probability to fill a claim given that the customer is a good risk + probability that the customer is a medium risk *  probability to fill a claim given that the customer is a medium risk +probability that the customer is a low risk *  probability to fill a claim given that the customer is a low risk =  0.70 * 0.005 + 0.2* 0.01 + 0.1 * 0.025

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have a great day

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You could also write this as (1/8) + i.
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