Question
According to the Canada Revenue Agency,34.4%of personal tax returns processed for the2018tax year had balances owing to the government. The average balance owing for2018was $5621with
According to the Canada Revenue Agency, 34.4% of personal tax returns processed for the 2018 tax year had balances owing to the government. The average balance owing for 2018 was $5621 with a standard deviation of $151.76. Assume the balances follow a Normal distribution. Determine the amount owing that corresponds to the minimum of the top 10% balance
5615.50
$5,426.75
$5,815.25
$5, 500
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
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