Short Answer
SCENARIO 6-2
John has two jobs.For daytime work at a jewelry store he is paid $15,000 per month,plus a commission.His monthly commission is normally distributed with mean $10,000 and standard deviation $2000.At night he works occasionally as a waiter,for which his monthly income is normally distributed with mean $1,000 and standard deviation $300.John's income levels from these two sources are independent of each other.
-Referring to Scenario 6-2,for a given month,what is the probability that John's commission from the jewelry store is at least $12,000?
Correct Answer:
Verified
Correct Answer:
Verified
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