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A recruiter estimates that if you are hired to work for her company and you put in a full week at the commissioned sales representative
A recruiter estimates that if you are hired to work for her company and you put in a full week at the commissioned sales representative position she is offering, you will make $525 plus or minus $250, 80% of the time. She adds, It all depends on you!If the $525 is the mean, state what the following figures stand for in terms of the confidence interval around this mean.
-What does the $525 plus or minus $250 mean?
-What does the 80% of the time mean?
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