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24. [15 in total] Consider Table 1. Table 1 Parcel Market Price Assessed Value Assessment Ratio Absolute Deviation (from recent sale) (%) from Mean A
24. [15 in total] Consider Table 1. Table 1 Parcel Market Price Assessed Value Assessment Ratio Absolute Deviation (from recent sale) (%) from Mean A $100,000 $48,000 B $150,000 $60,000 C $80,000 $40,000 D $120,000 $38,400 E $200,000 $100,000 Mean (a) [4] What is the mean assessment ratio? Use a whole number with no decimal places, if any, e.g., 43.28 = 43. (b) [3] What is the absolute deviation from the mean for parcel C? Use a whole number with no decimal places, if any, e.g., 43.28 = 43. (c) [4] What is the mean absolute deviation from the mean? Carry out to one (1) decimal place, e.g., 0.29334 = 0.3. (d) [5] What is the coefficient of dispersion (using the means)? Carry out to three (3) decimal places, e.g., 0.29334 = 0.293. 25. [6 in total] Consider Table 2. Assume a VAT rate of 10%. In your answers, use whole numbers with no $, commas, or decimal places, if relevant. Table 2 Individual Input Purchases Sales VAT Paid to Credit Net VAT Paid Seller Vendor 0 10 0 Vendor 2 30 Vendor 3 60 Vendor 4 70 Consumer 70 (a) [3] How much of the VAT is credited to Vendor 3 for VAT? (b) [3] What is the net VAT paid in total
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