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Zolol [24]
3 years ago
5

How much property tax must be paid each month when the property tax is 1,644 a year

Mathematics
2 answers:
Firlakuza [10]3 years ago
5 0
Since there are 12 months in a year, you would divide 1644 by 12 and get that you'd need to have to pay $137 per month in property tax
tatyana61 [14]3 years ago
3 0
You would have to divide 1644 by 12 to find the monthly rate. 1644/12=137, so property tax per month is 137.
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0.0838 = 8.38% probability of obtaining a sample proportion less than 0.5.

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To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution

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Central Limit Theorem

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For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean \mu = p and standard deviation s = \sqrt{\frac{p(1-p)}{n}}

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This means that p = 0.6

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This means that n = 46

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\mu = p = 0.6

s = \sqrt{\frac{p(1-p)}{n}} = \sqrt{\frac{0.6*0.4}{46}} = 0.0722

Probability of obtaining a sample proportion less than 0.5.

p-value of Z when X = 0.5. So

Z = \frac{X - \mu}{\sigma}

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