You receive two sales job offers. One company offers a straight commission of 9% of sales. The other company offers a salary of $520 per week plus 2% of sales. How much would you have to sell in a week in order to make the straight commission job offer better? (Round your answer to the nearest cent.) (a) To make straight commission the better offer, you would have to sell _______ per week?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
You receive two sales job offers. One company offers a straight commission of 9% of sales. The other company offers a salary of $520 per week plus 2% of sales. How much would you have to sell in a week in order to make the straight commission job offer better? (Round your answer to the nearest cent.)
(a) To make straight commission the better offer, you would have to sell _______ per week?
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