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larisa86 [58]
3 years ago
6

Calculate the Social Security and Medicare tax that would be applied to an annual salary of $235,430. Use $106,800 for maximum t

axable earnings
Mathematics
1 answer:
Artemon [7]3 years ago
5 0
<span>Social Security tax is a percentage that both employees and employers must contribute 6.2% of employee compensation, for a total of 12.4%. The social security that would be applied to an annual salary of $235,430 using $106,800 as the maximum taxable income is 12.4% of $106,800 = 0.124 x $106,800 = $13,243.20 The Medicare payroll tax is 2.9%. It applies only to earned income, which is wages you are paid by an employer, plus tips. You're responsible for 1.45% of the tax, and it's deducted automatically from your paycheck. Your employer pays the other 1.45% The Medicare tax that would be applied to an annual salary of $235,430 using $106,800 as the maximum taxable income is 2.9% of $106,800 = 0.029 x $106,800 = $3,097.20 </span>
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Pam bought a pair of shoes on sale for $22.40. If this was 20%. Off the original price, find the original price of the shoes
Rus_ich [418]

Answer:

26.88

Step-by-step explanation:

20%*22.40=4.48

22.40+4.48=26.88

3 0
2 years ago
What part of 28 is 17?
timurjin [86]

Answer:

4

Step-by-step explanation:

Divide 28 by 4 to get 7

7 0
3 years ago
in a program designed to help patients stop smoking 232 patients were given sustained care and 84.9% of them were no longer smok
grandymaker [24]

Answer:

z=\frac{0.849 -0.8}{\sqrt{\frac{0.8(1-0.8)}{232}}}=1.869  

p_v =2*P(Z>1.869)=0.0616  

If we compare the p value obtained and the significance level given \alpha=0.05 we see that p_v>\alpha so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% of significance the proportion of adults were no longer smoking after one month is not significantly different from 0.8 or 80% .  

Step-by-step explanation:

1) Data given and notation

n=232 represent the random sample taken

X represent the adults were no longer smoking after one month

\hat p=0.849 estimated proportion of adults were no longer smoking after one month

p_o=0.80 is the value that we want to test

\alpha=0.05 represent the significance level

Confidence=95% or 0.95

z would represent the statistic (variable of interest)

p_v represent the p value (variable of interest)  

2) Concepts and formulas to use  

We need to conduct a hypothesis in order to test the claim that the true proportion is 0.8.:  

Null hypothesis:p=0.8  

Alternative hypothesis:p \neq 0.8  

When we conduct a proportion test we need to use the z statistic, and the is given by:  

z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}} (1)  

The One-Sample Proportion Test is used to assess whether a population proportion \hat p is significantly different from a hypothesized value p_o.

3) Calculate the statistic  

Since we have all the info requires we can replace in formula (1) like this:  

z=\frac{0.849 -0.8}{\sqrt{\frac{0.8(1-0.8)}{232}}}=1.869  

4) Statistical decision  

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.  

The significance level provided \alpha=0.05. The next step would be calculate the p value for this test.  

Since is a bilateral test the p value would be:  

p_v =2*P(Z>1.869)=0.0616  

If we compare the p value obtained and the significance level given \alpha=0.05 we see that p_v>\alpha so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% of significance the proportion of adults were no longer smoking after one month is not significantly different from 0.8 or 80% .  

6 0
3 years ago
Find the value of k if the line y = kx + 2 goes through the point<br><br> A (-2, 4)
viktelen [127]

Answer:

k=-1

Step-by-step explanation:

check is the equation goes through the point (-2,4)

4=-(-2)+2

4=2+2

4=4

this line goes through the point (-2,4)

Hope this helps UwU...

7 0
3 years ago
Is the graphed function linear?
djyliett [7]
Nooooooooooooooooooooooo
5 0
3 years ago
Read 2 more answers
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