Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
Tom is a salesman. He receives 25% of the price of the item sold as sales commission plus a fixed salary of $200 per week. Tom's average weekly sales...
Tom is a salesman. He receives 25% of the price of the item sold as sales commission plus a fixed salary of $200 per week. Tom's average weekly sales is 20 items with a standard deviation of 10. The average price of items Tom sells is $250. Tom works 46 weeks a year.
Tom's average annual earnings is ________.?
The standard deviation of Tom's annual income is,?