SCENARIO 6-2
John has two jobs.For daytime work at a jewelry store he is paid $15,000 per month,plus a commission.His monthly commission is normally distributed with mean $10,000 and standard deviation $2000.At night he works occasionally as a waiter,for which his monthly income is normally distributed with mean $1,000 and standard deviation $300.John's income levels from these two sources are independent of each other.
-Referring to Scenario 6-2,for a given month,what is the probability that John's income as a waiter is no more than $300?
Correct Answer:
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Q130: SCENARIO 6-2
John has two jobs.For daytime work
Q131: SCENARIO 6-2
John has two jobs.For daytime work
Q132: SCENARIO 6-2
John has two jobs.For daytime work
Q133: SCENARIO 6-2
John has two jobs.For daytime work
Q134: SCENARIO 6-2
John has two jobs.For daytime work
Q136: SCENARIO 6-2
John has two jobs.For daytime work
Q137: SCENARIO 6-2
John has two jobs.For daytime work
Q138: SCENARIO 6-2
John has two jobs.For daytime work
Q139: SCENARIO 6-2
John has two jobs.For daytime work
Q140: SCENARIO 6-2
John has two jobs.For daytime work
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