Suppose you work for a large electronics store as a manager. You track individual employee performance to see which employees are performing well and are eligible for bonuses, and which employees...


Suppose you work for a large electronics store as a manager. You track individual<br>employee performance to see which employees are performing well and are eligible<br>for bonuses, and which employees require additional training to improve their<br>performance. The amount of monthly sales an employee makes is Normally<br>distributed with average $10462 and standard deviation $2512. Employees will be<br>considered for training if their monthly sales is more than two standard deviations<br>below the average. Using this information, what is the cut off point for sales, below<br>which an employee becomes a candidate for training?<br>Note:<br>1- Only round your final answer. Round your final answer to the nearest dollar.<br>

Extracted text: Suppose you work for a large electronics store as a manager. You track individual employee performance to see which employees are performing well and are eligible for bonuses, and which employees require additional training to improve their performance. The amount of monthly sales an employee makes is Normally distributed with average $10462 and standard deviation $2512. Employees will be considered for training if their monthly sales is more than two standard deviations below the average. Using this information, what is the cut off point for sales, below which an employee becomes a candidate for training? Note: 1- Only round your final answer. Round your final answer to the nearest dollar.

Jun 08, 2022
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