Eitan sells a mean of $8000 worth of merchandise with a standard deviation of $1500 each month.
Each month, Eitan earns a base salary of $2000 plus a commission of 30% of his sales. He calculates his total
salary according to this formula:
[total salary) = commission + base salary]
What will be the mean and standard deviation of the distribution of Eitan's total monthly salary?
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Home » Mathematics » Eitan sells a mean of $8000 worth of merchandise with a standard deviation of $1500 each month. Each month, Eitan earns a base salary of $2000 plus a commission of 30% of his sales.