The income of a group of 10000 persons
WebThe income of a group of 10000 persons was found to be normally distributed with mean Rs. 7500 p. and std. deviation Rs. 500. Show that of this group about 95% had income exceeding Rs. 6680 and only 5% had income exceeding Rs. 8320. WebNov 2, 2024 · It has been established that 95% of persons in this group earn more than Rs. 668, while only 5% earn more than Rs. 832.. Given that, A 10,000-person group's monthly income was found to be evenly distributed, with a mean of 750 rupees and a standard deviation of 50 rupees.. P((y - μ)/σ > - 1.6449) = 95%
The income of a group of 10000 persons
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WebA) The income of a group of 10,000 persons was found to be normally distributed with mean GHc750 per month and standard deviation of GHc50. Show that of this group of about 95% had income exceeding GHc668 and only 5% had income exceeding GHc832. What was … WebNov 2, 2024 · It was discovered that the income of a group of 10,000 people was regularly distributed, with a mean of 750 rupees per month and a standard deviation of 50 rupees. It is clearly evident that approximately 95% of those in this group have incomes above Rs. 668, …
WebThe income of a group of 10,000 persons was found to be normally distributed with Mean Rs. 50. Show that of this Rs. 750 p.m. and Standard deviation = group about 95% had income exceeding Rs. 668 and only 5% had income exceeding Rs. 832. What was the … Web1. The income of a group of 10,000 persons was found to be normally distributed with mean Rs.750 per month and a standard deviation of Rs. 50, show that of this group about 95% has income exceeding Rs. 668 and only 5% had income exceeding Rs. 832. (area between 750 …
WebIf this regressive tax were used as an income tax, which group of people would pay the highest percentage rate of taxes and which would pay the lowest? Those who made $5,000 would pay the highest percentage (20%) and those who made $100,000 would pay the lowest percentage rate of taxes. b. Cory works at a fast-food restaurant. He makes … Web(Q b) (a) The income of a group of 10000 persons was found to be normally distributed with mean $750 and standard deviation of $50. Find the number of persons in this group having income exceeding $668 and the number of persons in this group having income …
WebApr 14, 2015 · For those who make between $10,000 and $20,000 the average total tax rate is 0.4 percent. (The average tax rate for those in the lowest income tax bracket is 10.6 percent, higher than each group between $10,000 and $40,000. This is likely because the amount of refundable tax credits is much smaller for the income group that makes under …
WebMay 26, 2024 · A group of 10 people have the following annual incomes: $24,000, $18,000, $50,000, $100,000, $12,000, $36,000, $80,000, $10,000, $24,000, $16,000. Calculate the share of total income that each quintile receives from this income distribution. What … list of cmsafWebStudy with Quizlet and memorize flashcards containing terms like In the United States, the median income for households with two earners is lower than that for households with only one earner., In determining the poverty level, the U.S. Census Bureau understates the actual amount of antipoverty transfers made., Children of female headed-households are five … list of cm of indian statesWeb1 day ago · In other words, to receive a refund of more than $10,000 you must be a Californian eligible for both tax credits. Below are the requirements for each:. EITC. Having worked and earned lower income ... list of cm of west bengalWebQuestion: A) The income of a group of 10,000 persons was found to be normally distributed with mean GHc750 per month and standard deviation of GHc50. Show that of this group of about 95% had income exceeding GHc668 and only 5% had income exceeding GHc832. … list of cm postcodesWebSep 12, 2024 · The income of a group of 10,000 persons was found to be normally distributed with mean Rs.750 per month and a standard deviation of Rs. 50, show that of this group about 95% has income exceeding Rs. 668 and only 5% had income exceeding … list of cmp affiliated organizationsWebAn icon in the shape of a person's head and shoulders. It often indicates a user profile. ... which found that the income group most likely to say they should be taxed more are those in the lowest ... images of wuhan marketWebThe income of a group of 10,000 persons was found to be normally distributed with mean Rs.750 per month and a standard deviation of Rs. 50, show that of this group about 95% has income exceeding Rs. 668 and only 5% had income exceeding Rs. 832. (area between 750 and 668 = 0.4495, ... list of cms and governors of india