Answer:$18
Step-by-step explanation:
0.84% of the graduates will receive the tax break
Problems of normally distributed samples can be solved using the z-score formula.
In a set with mean and standard deviation , the z-score of a measure X is given by:
Z = x - μ / σ
Z-scores are used to measure how far a measure is from the mean. We find the p-value associated with this Z-score by looking at the z-score table after finding the Z-score. The p-value represents the probability that the measure is smaller than X, which is the percentile of X. The probability of the measure being greater than X is calculated by subtracting 1 from the pvalue.
μ = $55,000 σ = $6,000
This is the pvalue of Z when X = $39,600. So
z = 39600 - 55000 / 6000
z = -2.5
z = -2.5 has a o value of 0.0084
0.84% of the graduates will receive the tax break.
To learn more about similar tax break:
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Answer:
option (a) $250
Step-by-step explanation:
Data provided in the question:
Fixed cost = $500
For 100 units produced Total cost = $3,500
For 101 units produced, Total cost = $3,750
Now,
Marginal cost is calculated as:
Marginal cost = 
thus,
Marginal cost = 
or
Marginal cost = 
or
Marginal cost = $250
Hence,
The correct answer is option (a) $250
