Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding Analysis

Authors: Stephen Abbott

2nd Edition

1493927124, 9781493927128

More Books

Students also viewed these Mathematics questions

Question

Explain all drawbacks of the application procedure.

Answered: 1 week ago