A salesperson must choose between a straight salary of $\$ 25,000$ and a salary of $\$ 20,000$ plus a bonus of $\$ 8,000$ if his sales exceed a certain quota. How does he assess his probability of exceeding the quota if he chooses the lower salary with the possibility of a bonus?

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The Answer of A salesperson must choose between a straight salary of $\$ 25,000$ and a salary of $\$ 20,000$ plus a bonus of $\$ 8,000$ if his sales exceed a certain quota. How does he assess his probability of exceeding the quota if he chooses the lower salary with the possibility of a bonus?

A Salesperson Must Choose Between a Straight Salary Of $25,000\$ 25,000$25,000

A Salesperson Must Choose Between a Straight Salary Of $\$ 25,000$