This is an incomplete problem. The missing information is
Each bulleted statement describes how the amount of income tax is determined for
yearly income in different ranges.
1) Yearly incomes of $8,925 or less are taxed at a flat rate of 10%.
2) For yearly incomes from $8,926 to $36,250, the first $8,925 is taxed at 10%
and any income beyond $8,925 is taxed at 15%.
3) For yearly income greater than $36,250, the first $8,925 is taxed at 10%, the
next $27,325 is taxed at 15%, and any income beyond $36,250 is taxed at
25%
The taxable income of Mr. Vance corresponds to number 2.
⇒ 8,925 * 10% = 892.50
⇒ 35,675 - 8,925 = 26,750 * 15% = 4,012.50
Total tax = 892.50 + 4,012.50 = 4,905
Answer:
The 99% confidence interval for the proportion of readers who would like more coverage of local news is (0.3685, 0.4315).
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of 
, and a confidence level of 
, we have the following confidence interval of proportions.
In which
z is the zscore that has a pvalue of 
.
For this problem, we have that:
99% confidence level
So 
, z is the value of Z that has a pvalue of 
, so 
.
The lower limit of this interval is:
The upper limit of this interval is:
The 99% confidence interval for the proportion of readers who would like more coverage of local news is (0.3685, 0.4315).
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