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There is a recorded discrepancy of tax collection among employees of private institutions in a particular year wherein 4,800 php is the mean annual tax refund received by employees and a standard deviation of 3,300 php. If 40 randomly selected employees will be selected as sample, about how much does the employee receive on average if the tax refund cost lie on the 7th decile of the distribution?

There is a recorded discrepancy of tax collection among employees of private institutions in a particular year wherein 4,800 php is the mean annual tax refund received by employees and a standard deviation of 3,300 php. If 40 randomly selected employees will be selected as sample, about how much does the employee receive on average if the tax refund cost lie on the 7th decile of the distribution?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 7PPS
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There is a recorded discrepancy of tax collection among employees of private institutions in a particular year wherein 4,800 php is the mean annual tax refund received by employees and a standard deviation of 3,300 php. If 40 randomly selected employees will be selected as sample, about how much does the employee receive on average if the tax refund cost lie on the 7th decile of the distribution? (A) 4,321.12 php B) 5,073.62 php (C) 521.78 php (D) 4,528.68 php
Transcribed Image Text:There is a recorded discrepancy of tax collection among employees of private institutions in a particular year wherein 4,800 php is the mean annual tax refund received by employees and a standard deviation of 3,300 php. If 40 randomly selected employees will be selected as sample, about how much does the employee receive on average if the tax refund cost lie on the 7th decile of the distribution? (A) 4,321.12 php B) 5,073.62 php (C) 521.78 php (D) 4,528.68 php
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