Answer:
a)
b) ![P(X> 2)=1-P(X\leq 2)=1-[0.0211+0.0995+0.211]=0.668](https://tex.z-dn.net/?f=P%28X%3E%202%29%3D1-P%28X%5Cleq%202%29%3D1-%5B0.0211%2B0.0995%2B0.211%5D%3D0.668)
c)
Step-by-step explanation:
1) Previous concepts
The binomial distribution is a "DISCRETE probability distribution that summarizes the probability that a value will take one of two independent values under a given set of parameters. The assumptions for the binomial distribution are that there is only one outcome for each trial, each trial has the same probability of success, and each trial is mutually exclusive, or independent of each other".
2) Solution to the problem
Let X the random variable of interest, on this case we now that:
The probability mass function for the Binomial distribution is given as:
Where (nCx) means combinatory and it's given by this formula:
Part a
Part b
![P(X> 2)=1-P(X\leq 2)=1-[P(X=0)+P(X=1)+P(X=2)]](https://tex.z-dn.net/?f=P%28X%3E%202%29%3D1-P%28X%5Cleq%202%29%3D1-%5BP%28X%3D0%29%2BP%28X%3D1%29%2BP%28X%3D2%29%5D)
![P(X> 2)=1-P(X\leq 2)=1-[0.0211+0.0995+0.211]=0.668](https://tex.z-dn.net/?f=P%28X%3E%202%29%3D1-P%28X%5Cleq%202%29%3D1-%5B0.0211%2B0.0995%2B0.211%5D%3D0.668)
Part c
<span>As x > 0 increases, f(x) increases. As x < 0 decreases, f(x) increases.</span>
Answer:
taxable income = adjusted income - (deductions + Allowances/Exemptions)
Step-by-step explanation:
Taxable income is the type of income on which a person has to pay tax to the government. Taxable Income is calculated by subtracting the deductions and exemptions from the adjustable income.
With deductions you can either have itemized deductions or standard deductions.
Standard deduction consist of deductions like if a couple is married then they will have the deductions and if there are dependents of a person then he will have a standard deduction.
Itemized deductions consist of mortgages values, medical expenses, charity works etc.
This will help us to find the value of our taxable income
The correct answer is D
Hope this helps!