A salesperson receives an annual salary of $6,000 plus 8% of the value of the orders she

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A salesperson receives an annual salary of $6,000 plus 8% of the value of the orders she takes. The annual value of these orders can be represented by a random variable with a mean of $600,000 and a standard de viation of $180,000. Find the mean and standard de viation of the salesperson's annual income

Posted Date: Jun 11, 2024 02:00 PM

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A salesperson receives an annual salary of $6,000 plus 8% of the value of the orders she

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