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2 years ago

Tim Tradesman estimates his taxable income will be $7,500. He is paid every two weeks or 26 times a year.

Mathematics

2 answers:

alisha [4.7K]2 years ago

8 0

Given:
Taxable income: 7,500
Paid every two weeks or 26 weeks in a year

Based on 2007 Federal Income Tax Table for Single Taxpayer, Tim is under the tax range over $0 but not over $7,825. The tax is 10% of the amount over $0.

1. Finds the tax rate for his income level =10 %

2. Enters the base amount = $7,500

3. Enters the amount of tax owed = $7,500 * 10% = $750

4. Divides by 26 = $750 / 26 = $28.85 tax withheld from biweekly wages.

iren2701 [21]2 years ago

7 0

Answer:

1. Find the tax rate of his income level. = 10%

2. Enters the base amount. = $0

3. Enters the amount of tax owed. = $750

4. Divides by 26 = $28.85

Step-by-step explanation:

First guy was right except #2, the base amount for his tax bracket is $0 not $7,500

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Answer:

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The probability function of a Poisson distribution is:

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(a)

Compute the probability of more than one death in a corps in a year as follows:

P (X > 1) = 1 - P (X ≤ 1)

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Thus, the probability of more than one death in a corps in a year is 0.1252.

(b)

The average deaths over 7 year period is: $\lambda=7\times0.62=4.34$

Compute the probability of no deaths in a corps over 7 years as follows:

$P(X=0)=\frac{e^{-4.34}(4.34)^{0}}{0!}=0.01304\approx0.0130$

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