Answer:
$3066
Step-by-step explanation:
We have been given that employees in 2012 paid 4.2% of their gross wages toward social security (FICA tax), while employers paid another 6.2%. We are asked to find the amount paid by an employee earning $73,000 per year toward social security.
To find the amount paid by an employee with annual gross earnings of $73,000, we need to find 4.2% of $73,000.



Therefore, the employee will pay $3066 toward social security out of their gross wages.
Answer:
0
Step-by-step explanation:
Let X to be a random variable that looks a binomial distribution which denoted the number of employees out of the 281 who earn the prevailing minimum wage or less
The sample size n = 281
The population parameter p = 5% = 0.05
Using normal approximation for the mean.



The standard deviation is:





By using continuity correction; the sample mean x is:
x = 30 - 0.5
x = 29.5
The z statistic test can now be as follows:



Z = 4.23
Thus, the probability that company A will get a discount is
P(X ≥ 30) = P(Z >4.23)
= 1 - P(Z < 4.23)
By using the Excel function for the z score 4.23 i.e. "=1 - NORMSDIST(4.23)" we get;
= 0.0000
Answer:
30% decrease is the answer
Answer:
-Z-18
Step-by-step explanation:
-2z+12-30+z
=-z-18