Salespeople for a solar technology company have average annual sales of $200,000, with a standard deviation of
Question:
Salespeople for a solar technology company have average annual sales of $200,000, with a standard deviation of $20,000. What percentage of the salespeople would be expected to make annual sales of $240,000 or more? Assume a normal distribution.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
To find the percentage of salespeople expected to make annual sales of 240000 ...View the full answer
Answered By
ZIPPORAH KISIO LUNGI
I have worked on several other sites for more than five years, and I always handle clients work with due diligence and professionalism. Am versed with adequate experience in the fields mentioned above in which have delivered quality papers in research, thesis, essays, blog articles, and so forth.
I have gained extensive experience in assisting students to acquire top grades in biological, business and IT papers. Notwithstanding that, I have 7+ years of experience in corporate world software design and development.
5.00+
194+ Reviews
341+ Question Solved
Related Book For
Finite Mathematics For Business Economics Life Sciences And Social Sciences
ISBN: 9780134862620
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
Question Posted:
Students also viewed these Mathematics questions
-
Currently, FSCs solar panel sales unit is made up of 20 salespeople and the sales manager. The idea of the proposal is to lay off the 20 salespeople and hire independent contractors instead....
-
write a abstract on this paper ? Introduction Governments require money to run their operations and pay civil servants who ensure that services to the population are delivered. The money that states...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Given that y = x 2 , find the image of the curve y = x 2 after each of the following combinations of transformations. a. A stretch in the y-direction with factor 3 followed by a translation by the...
-
Prior to the 1980s, packed columns were rarely used for distillation unless column diameter was less than 2.5 ft. Explain why, in recent years, some existing trayed towers are being retrofitted With...
-
Deglman Manufacturing Company uses a simple manufacturing accounting system. At the end of its fiscal year on August 31, 2011, the adjusted trial balance contains the following accounts. Physical...
-
The quality of Pinot Noir wine is thought to be related to the properties of clarity, aroma, body, flavor, and oakiness. Data for 38 wines are given in Table B. 11 . a. Fit a multiple linear...
-
It has been stated that auditors must be independent because audited financial statements must serve the needs of a wide variety of users. If the auditor were to favor one group, such as existing...
-
an online retailer uses a fixed time period with safety stock inventory system to control the inventory of a type of visual reality (VR) headsets it stocks. Demand for the VR headsets average 50...
-
Sage Learning Centers was established on July 20, 2016, to provide educational services. The services provided during the remainder of the month are as follows: July 21. Issued Invoice No. 1 to J....
-
The average lifetime for a car battery is 170 weeks, with a standard deviation of 10 weeks. If the company guarantees the battery for 3 years, what percentage of the batteries sold would be expected...
-
(A) If 250 scores are chosen from a normal distribution with mean 100 and standard deviation 10, how many scores x would be expected to be greater than 110? (B) Use a graphing calculator to generate...
-
Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a five-year period. His annual pay raises are determined by his divisions...
-
Ott Company had 210,000 ordinary shares outstanding on December 31, 2015. During the year 2016, the company issued 8,000 shares on May 1 and retired 14,000 shares on October 31. For the year 2016,...
-
Lockard Company purchased machinery on January 1, 2015, for 80,000. The machinery is estimated to have a residual value of 8,000 after a useful life of 8 years. (a) Compute 2015 depreciation expense...
-
On January 2, 2015, Parton Company issues a 5-year, $10,000,000 note at LIBOR, with interest paid annually. The variable rate is reset at the end of each year. The LIBOR rate for the first year is...
-
Brazil Group purchases a tractor at a cost of 50,000 on January 2, 2015. Individual components of the tractor and useful lives are as follows (zero residual value). Instructions (a) Compute...
-
Fernandez Corporation purchased a truck at the beginning of 2015 for \($50\),000. The truck is estimated to have a residual value of \($2\),000 and a useful life of 160,000 miles. It was driven...
-
The Gladys Corporation buys office equipment costing $208,000 on May 12, 2011. In 2014, new and improved models of the equipment make it obsolete, and Gladys sells the old equipment for $34,000 on...
-
Explain how the graph of each function can be obtained from the graph of y = 1/x or y = 1/x 2 . Then graph f and give the (a) Domain (b) Range. Determine the largest open intervals of the domain over...
-
Determine the posterior probabilities, given the following prior and likelihood probabilities. Prior probabilities P(s 1 ) = .25 P(s 2 ) = .40 P(s 3 ) = .35 Likelihood Probabilities .25 30
-
Calculate the posterior probabilities from the prior and likelihood probabilities that follow. Prior Probabilities P(s 1 ) = .5 P(s 2 ) = .5 Likelihood Probabilities .98 .02 .05 .95 S2
-
With the accompanying payoff table and the prior and posterior probabilities computed in Exercise 22.23 calculate the following. a. The optimal act for each experimental outcome b. The expected value...
-
A government agency creates a website that allows consumers to compare hospitals based on medical quality outcomes at each hospital (for example, the death rate for heart-attack patients or the...
-
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool...
-
How do ethical considerations factor into the governance frameworks of collaborative consortia, particularly concerning data privacy, intellectual property rights, and equitable distribution of...
Study smarter with the SolutionInn App