User Account

All Pages

Calculate the probability that the actual tax

Assignment Help Basic Statistics
Reference no: EM132377052

Let's say that the population mean is $20,000 with a standard deviation of $5,000. How do I calculate the probability that the actual tax deduction will lie between $15,000 and $18,000? The answer is 18.59, but I'm not sure how that should be calculated.

Reference no: EM132377052

Questions Cloud

Descriptive data analysis method : Is Exploratory Data Analysis considered a descriptive data analysis method?
Calculate the men and variance of the distribution of heads : A fair coin is tossed 40 times. Calculate the men and variance of the distribution of heads.
Construct a 99 percent confidence interval : Construct a 99 percent confidence interval if you sample size is 25.
Design furniture for elementary school classrooms : Companies who design furniture for elementary school classrooms produce a variety of sizes for kids of different ages. Suppose the heights of kindergarten
Calculate the probability that the actual tax : Let's say that the population mean is $20,000 with a standard deviation of $5,000. How do I calculate the probability
What is the probability that the lifetime : What is the probability that the lifetime is greater than or equal to 700 days?
Confidence interval with a margin of error : What is the sample size necessary to provide 95% confidence interval with a margin of error of 1 inch?
Compute the average price per share : Use the harmonic mean formula to compute the average price per share that Jill paid for all the shares she purchased in 2017.
Assuming a normally distributed distribution : Assuming a normally distributed distribution, if the average return is 16% and the standard deviation is 18%, what is the probability of getting a return greate

Reviews

Write a Review

Basic Statistics Questions & Answers

  An electrical noise voltage is shown to be gaussian with a

a an electrical noise voltage is shown to be gaussian with a mean of zero and a variance of 1 volts squared. what is

  Compute the slope of the ols regression line

The correlation between the two variables is 0.4. Hourly earnings are regressed on years of education. What is the slope of the OLS regression line?

  Hypothesis testing-chi-square test of variance

Statistics Test Scores - Tests in the author's statistics class have scores with a standard deviation equal to 14.1. One of his last classes had 27 test scores with a standard deviation of 9.3.

  Prove the other condition that will make this a legitimate

For this question, you may take our word that f(x) is greater than or equal to zero for all values of x in the domain. Prove the other condition that will make

  Premarital sex as the response variable

Refer to Table 7.27 in Chapter 7 with opinion about premarital sex as the response variable. Use a process (such as backward elimination) or criterion (such as AIC) to select a model. Interpret the parameter estimates for that model.

  Question regarding the standard deviation of contributions

Further, he has determined that the probability a customer will contribute over $13,000 is 0.025. Based on this information, what is the standard deviation of contributions to the 403(b) program?

  Kinds of broad disciplines or professional areas

Assignment 1: Industry Report & Annotated Bibliography DETAILS Getting some understanding of the industry you might enter when you graduate is really important now to help shape your decision-making over the next few years.

  Evaluate the completed risk management plan

Why is it important to evaluate the completed risk management plan (Plan Evaluation)?

  Determining if the accident proportions

We are interested in determining if the accident proportions differ between the two age groups:

  What bid price should you submit

If your tax rate is 25 percent and you require a return of 13 percent on your investment, what bid price should you submit?

  Standard deviation of the sampling distribution

What is the standard deviation of the sampling distribution?(Use 3 decimal digits)

  Find the output psd in terms of the input

Find the output autocorrelation in terms of the input autocorrelation. - Find the output PSD in terms of the input.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd