Part A
What is the 2010 federal income tax for a single person whose taxable income that year was 4000 dollars?
The function is
T(x)=0.1x
so
For x=4,000
substitute
T(x)=0.1*(4,000)
<h2>T(x)=$400</h2>
Part B
What is the 2010 federal income tax for a single person whose taxable income that year was 170000 dollars?
the function is
T(x)=0.28x-6,290.75
For x=170,000
substitute
T(x)=0.28*(170,000)-6,290.75
<h2>T(x)=$41,309.25</h2>
Part C
What is the taxable income for a single person whose 2010 federal income tax was 105000 dollars?
The function is
T(x)=0.28x-6,290.75
For T(x)=105,000
substitute
105,000=0.28x-6,290.75
solve for x
0.28x=105,000+6,290.75
0.28x=111,290.75
<h2>x=$397,466.96</h2><h2 />
Answer:
See below
Step-by-step explanation:
I think it’s four less than the quotient of a number cubed and seven, increased by three
I hope you get this right!
Answer:
420.8
Step-by-step explanation:
Tax = SalesAmount * TaxPercent
Tax = 400*0.052
Tax = 20.8 dollars
Total cost is 400+20.8
420.8
Answer:
z-test.
Step-by-step explanation:
We want to perform an hypothesis test for a population mean.
In the case that the <u>standard deviation of the population is known</u> and the population distribution is normal, even if the sample is small, <u>we will use a z-test</u>.
The usual case is to not know the standard deviation of the population, in which case a t-test is adequate instead of a z-test, taking into account the degrees of freedom of the sample.