Business, 26.02.2020 17:53 queenhall934

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 deviation of $180,000. Find the mean and standard deviation of the salesperson’s annual income.

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

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