The collected tax on purchase of $76.00 is $5.32
Further explanation:
The sales tax is calculated on the total sales by the formula
Given
Total purchase = $76.00
Percentage of tax = 7%
So,
Putting the values in the formula
So, the collected tax on purchase of $76.00 is $5.32
Keywords: Tax, tax calculation
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Answer:
X[bar]= 115
Step-by-step explanation:
Hello!
Every Confidence interval to estimate the population mean are constructed following the structure:
"Estimator" ± margin of error"
Wich means that the intervals are centered around the sample mean. To know the value of the sample mean you have to make the following calculation:
= 115
Since both intervals were calculated with the information of the same sample, you can choose either to calculate the sample mean.
I hope it helps!