Suppose you want to find out how many people support Policy X. A standard polling approach is to just ask N many people whether or not they support Policy X, and take the fraction of people who say yes as an estimate of the probability that any one person supports the policy. Suppose that the probability someone supports the policy is p, which A you do not know. Let p„ be the number of people polled who supported the policy, N divided by the total number of people polled N.

The property tax rate in Norfolk is $32 per $1,000 of assessed value. What is the tax if the property is assessed at $50,000? A. $50,000/$32    B. $1,000 + ($32 x 5)     C. $50,000 x $32 D. 50 x $32

Suppose that the local sales tax rate is 6% and you purchase a car for $23,300. a. How much tax is paid? b. What is the car's total cost? a. The amount of tax paid is $ b. The total cost is $

Clayton dies without a will leaving an estate of $350,000. Clayton's heirs  consist of his wife and two children. His state requires that in the absence of a will , each child is to receive 2/3's as much as a spouse. How much will each of them receive? Answer from the back of the book: Wife = $150,000 each child: $100,000