Answer:
The FICA tax for an employee who earns 60,000 a year is $ 3,390.
Step-by-step explanation:
Given that you pay 5.65% on the first 110,000 of income and 1.45% in excess of $ 110,000, to calculate the FICA tax for an employee who earns 60,000 a year the following calculation must be performed:
60,000 <110,000
60,000 x 0.0565 = X
3,390 = X
Therefore, the FICA tax for an employee who earns 60,000 a year is $ 3,390.
Answer:
The graph
has a greater slope than the graph of
.
Step-by-step explanation:

Answer:
a) Decrease
b) New mean = 78.43
c) Decrease
Step-by-step explanation:
We are given the following in the question:
Total number of students in class = 28
Average of 27 students = 79
Standard Deviation of 27 students = 6.5
New student's score = 63
a) The new student's score will decrease the average.
b) New mean


New mean =

Thus, the new mean is 78.43
c) Since the new mean decreases, standard deviation for new scores will decrease.
This is because the new value is within the usual values i.e. within two standard deviations of the mean. So, this wont cause a lot of variation as this value will be closer to already available data values. Also number of observations (n) in the denominator is increasing. Based on both these points we can conclude that standard deviation will decrease
Formula for Standard Deviation:
where
are data points,
is the mean and n is the number of observations.
Answer:
Is the C
Step-by-step explanation: