Fred decided to study the number of exemptions claimed on personal tax returns he prepared for 2018.
Question:
Fred decided to study the number of exemptions claimed on personal tax returns he prepared for 2018. The data are summarized in the following table.
Exemptions Percent
1 . . . . . . . . . . . . . . . 20
2 . . . . . . . . . . . . . . . 50
3 . . . . . . . . . . . . . . . 20
4 . . . . . . . . . . . . . . . 10
a. What is the mean number of exemptions per return?
b. What is the variance of the number of exemptions per return?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (9 reviews)
a To find the mean number of exemptions per return we can use the formula for th...View the full answer
Answered By
BillClinton Muguai
I have been a tutor for the past 5 years. I have experience working with students in a variety of subject areas, including computer science, math, science, English, and history. I have also worked with students of all ages, from elementary school to college. In addition to my tutoring experience, I have a degree in education from a top university. This has given me a strong foundation in child development and learning theories, which I use to inform my tutoring practices.
I am patient and adaptable, and I work to create a positive and supportive learning environment for my students. I believe that all students have the ability to succeed, and it is my job to help them find and develop their strengths. I am confident in my ability to tutor students and help them achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Statistical Techniques In Business And Economics
ISBN: 9781260239478
18th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen
Question Posted:
Students also viewed these Mathematics questions
-
A CPA studied the number of exemptions claimed on tax returns. The data are summarized as follows: Exemptions Percent 1 10 2 20 3 50 4 20 a. What is the mean number of exemptions claimed? b. What is...
-
The activities summarized in the following table must be performed by the promoter of a country music concert in Dallas. a. Draw the activity network for this problem. b. According to PERT, what is...
-
Use GSS10SSDS to study the number of hours that blacks and whites work each week. The variable HRS1 measures the number of hours a respondent worked the week before the interview. Use the Explore...
-
Suppose you are interested in purchasing AT&T stock. You know that AT&T stock has had an average rate of return of 8 % over the last 5 years. Explain how you could use descriptive statistics to help...
-
The following data give real GDP, Y, capital, K, and labour, N, for the Canadian economy in various years. Units and sources are the same as in Table 3.1 on page 57. Assume that the production...
-
13-42. BALANCED SCORECARD, ENVIRONMENTAL, AND SOCIAL PERFORMANCE. WrightAir is a no-frills airline that services the Midwest. Its mission is to be the only short-haul, low-fare, high- frequency,...
-
17. Use the same inputs as in the previous problem, except that K = $1.00. a. What is the price of a 9-month European put? b. What is the price of a 9-month American put?
-
Did Crosstown have a valid contract with Borman concerning the use of the crane? If so, was it a bilateral or a unilateral contract? Explain. Grant Borman, who was engaged in a construction project,...
-
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $76,700 in raw materials were...
-
Your brother has just started a new job as the Controller of an IESBA restricted audit client. You do not serve on the audit engagement. What steps must you take to ensure your independence is not...
-
Geoff Brown is the manager for a small telemarketing firm and is evaluating the sales rate of experienced workers in order to set minimum standards for new hires. During the past few weeks, he has...
-
In a 2018 report, the Internal Revenue Service indicated the mean refund was $2,750 with a standard deviation of $850. Assume the distribution of the refunds follows the normal distribution. a. What...
-
What do you understand by upward and lateral leadership?
-
Moving Inc. wants to develop an activity flexible budget for the activity of moving materials. Moving Inc. uses forklifts to move materials from receiving to storeroom and then to production. The...
-
We are in the tail end of Quarter 3 earnings reporting season in the U.S. markets. Roughly 60 percent of companies that have reported their Q3 earnings so far have reported negative earnings relative...
-
Below is a running shock tube illustration. 0.1 0.0 | 0.0 4 4 Diaphragm 1 0.5 Image: Shock tube Initial setup 1 3 2 1 Expansion Head Expansion Tail Slip Shock Surface Image: Running Shock Tube...
-
As you may remember, Holiday Tree Services, Inc. (HTS) has recently entered into a contract with Delish Burger (Delish), whereby HTS is to supply and decorate a Christmas tree in each of Delish...
-
Understanding various types of leadership styles is important in order to determine personal leadership styles. Reflection: Answer both Compare and contrast 2 leadership styles. State the...
-
Using the results of Problem 10-1, test the regression model for lack of fit. Problem 10-1 The tensile strength of a paper product is related to the amount of hardwood in the pulp. Ten samples are...
-
The landing gear of an aircraft with: mass of 2000 kg the spring-mass-damper system Consider that the runway surface is y(t) = 0.2 cos 157.08t stiffness of the spring is 5 x 105 N/m. What is the...
-
For Exercises 27 through 32, use the following information on food items for the years 2012 and 2022. Compute the Laspeyres price index for 2022 using 2012 as the base period. Item Margarine (pound)...
-
For Exercises 27 through 32, use the following information on food items for the years 2012 and 2022. Compute a simple aggregate price index. Use 2012 as the base period. Item Margarine (pound)...
-
The 2009 RBC Canadian Open golf tournament was played at the Glen Abbey Golf Club in Oakville, Ontario. During the second round, Leif Olson, Arjun Atwal, Casey Wittenberg, and Briny Baird all aced...
-
Your company produces a health magazine. Its sales data for 1 - year subscriptions are as follows: Year of Operation Subscriptions Sold % Expired at Year End 2 0 2 0 $ 3 0 0 , 0 0 0 5 2 0 2 1 $ 6 4 7...
-
Problem 3 - 2 0 ( Static ) Calculate profitability and liquidity measures LO 3 - 3 , 3 - 4 , 3 - 6 Presented here are the comparative balance sheets of Hames Incorporated at December 3 1 , 2 0 2 3...
-
3 Required information [The following information applies to the questions displayed below) John and Sandy Ferguson got married eight years ago and have a seven-year-old daughter. Samantha. In 2020,...
Study smarter with the SolutionInn App