The Federal Highway Administration annually reports on state motor-fuel taxes. Based on the latest report, in thousands
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The Federal Highway Administration annually reports on state motor-fuel taxes. Based on the latest report, in thousands of dollars, the amount of receipts can be estimated using the equation:
Receipts5359 0.9956 Collections.
a. If a state collected $500,000, what would you estimate the receipts to be?
b. If a state collected $1,000,000, what would you estimate the receipts to be?
c. If a state collected $1,500,000, what would you estimate the receipts to be?
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Related Book For
Just The Essentials Of Elementary Statistics
ISBN: 9780495314875
10th Edition
Authors: Robert Johnson, Patricia Kuby
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