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USPshnik [31]
3 years ago
13

During the past six months, 73.2% of US households purchased sugar. Assume that these expenditures are approximately normally di

stributed with a mean of $8.22 and a standard deviation of $1.10. 99% of the households spent less than what amount?
Business
1 answer:
Tatiana [17]3 years ago
3 0

Answer:

Explanation:

Given X~Normal(mean=8.22, s=1.1)

So P(5<X<9) = P((5-8.22)/1.1 <(X-mean)/s < (9-8.22)/1.1)

=P(-2.93<Z< 0.71)

=0.7595 (check standard normal table)

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andre [41]

A federal budget deficit occurs when federal government purchases exceed net taxes. Option C is correct.

<h3>What is federal budget?</h3>

The federal budget is the budget of the United States. It comprises the federal government's spending and revenues.

The budget is the monetary or medium of exchange expression of the  priorities of the government and showing the past conflicts and conflicting economic views.

A federal budget deficit occurs when government spending exceeds revenue, which is the money collected from, fees, taxes and investments. Deficits add to the national debt, or debt owed by the federal government.

Therefore, option C is correct.

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3 0
3 years ago
Human Resource Management (HRM) takes a strategic approach in developing and maintaining a qualified workforce to gain a competi
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Answer:

The statement is: True.

Explanation:

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3 years ago
All the following statements about residual value guarantees are correct about residual value guarantees, except that they:
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Answer:

c. protect lessees against lessors who abuse leased assets.

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The residual value guarantee provides to protect the lessor against the lessees who tries to abuse the leased assets. It does not protect the lessees against the lessors.

6 0
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Expenditure by business on capital goods is known as what
AURORKA [14]
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Investment Spending or Capital Expenditure.

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7 0
3 years ago
Alice earner 32,756 annually ; 6.5% of her gross pay was withheld for state and local taxes. How much were her taxes ?
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