sue makes 2% commission sales up to $5000. She makes 7.5% commission on sales over $5000. If Sue sold $15000 worth of merchandis
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Answer:
The answer is below
Step-by-step explanation:
a) Given that the number of sample (n) = 300, therefore since n > 30, the distribution of the sample means is going to be normally distributed.
b) The mean of the distribution of sample means (also known as the Expected value of M) is equal to the population mean μ.
c) The standard deviation of the distribution of sample means is called the Standard Error of M, it is given by:
and
There are 6 possible outcomes when rolling a die, 1, 2, 3, 4 , 5, 6
A
numbers less than 4 are 1, 2, 3
P( number less than 4 ) = =
B
numbers greater than 4 are 5, 6
P( number greater than 4 ) = =