Question
You are up for a promotion at your work and you know that you needed to get at least 24.6 sales exactly this month to
You are up for a promotion at your work and you know that you needed to get at least 24.6 sales exactly this month to be set for the promotion. The average number of sales in your store was 24 with a standard deviation of 2 and a normal distribution.
1. Based on this distribution what would be the likelihood you will be getting your promotion?Please show and explain how you got the answer as well as the steps that led you there, so I can understand.
2. Also please provide a brief verbal interpretation for the Z-score of the minimum number of sales you would need.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started