Lauren and Max work in the sales department for a company that provides home warranties. Lauren has been signing up, on average, 48 new customers each month with a standard deviation of 22, while Max signs up, on average, 56 new customers each month with a standard deviation of 17. The store manager offers Lauren and Max a $2500 bonus if they can sign up more than 95 or more new customers next month. Assuming a normal distribution, who is more likely to receive the bonus, Lauren or Max? Is it likely that neither, or perhaps both will receive the bonus? Explain.
Lauren and Max work in the sales department for a company that provides home warranties. Lauren has been signing up, on average, 48 new customers each month with a standard deviation of 22, while Max signs up, on average, 56 new customers each month with a standard deviation of 17. The store manager offers Lauren and Max a $2500 bonus if they can sign up more than 95 or more new customers next month. Assuming a normal distribution, who is more likely to receive the bonus, Lauren or Max? Is it likely that neither, or perhaps both will receive the bonus? Explain.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Lauren and Max work in the sales department for a company that provides home warranties. Lauren has been signing up, on average, 48 new customers each month with a standard deviation of 22, while Max signs up, on average, 56 new customers each month with a standard deviation of 17.
The store manager offers Lauren and Max a $2500 bonus if they can sign up more than 95 or more new customers next month.
Assuming a
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