Business Math (11th Edition)
11th Edition
ISBN: 9780134496436
Author: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 20.3, Problem 3SE
To determine
To calculate: The taxable income where the number of taxable person is 5, there gross income is $167,413, itemized or standard deductions is $27,534 and per person exemptions is $4,000.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
can someone solve
Problem 3
Ten measurements of an impurity concentration in a process stream have been
recorded. The sample mean is 87ppm and the sample standard deviation is ±13 ppm.
Consider the null hypothesis that the impurity concentration has a true mean μo.
Part A: Desired Probability that the sample mean will satisfy the null hypothesis:
P = 0.4
Part B: Using the chart below, determine the4 highest value of the true mean that will lead
to the null hypothesis being accepted with the probability assigned in Part A
1.00
0.90
0.80
0.70
0.60
0.50
0.40
Probability of accepting Ho
0.30
0.20
0.10
1
°
0
30
40
50
75
100
10
0.2 0.4 0.6 0.8 1.0 1.2
=2.5
1.4
1.6 1.8 2.0
2.2
2.4
2.6
d
2.8
3.0
3.2
Problem 2
A chemical reactor system has been designed to perform optimally when operated
at 150°C. The hypothesis test that will be used for evaluating the operating temperature will
rely on 10 successive temperature measurements and will assign a 95% confidence
interval for the result. The reactor system is judged to have a standard deviation of ±3°C.
Part A: Actual operating temperature of the process T[°C] = 152.90
Part B: What is the probability that the hypothesis test for operating at 150°C described
above will give a false acceptance (i.e., a type II error)?
Chapter 20 Solutions
Business Math (11th Edition)
Ch. 20.1 - Prob. 1-1SCCh. 20.1 - Prob. 1-2SCCh. 20.1 - Prob. 1-3SCCh. 20.1 - Prob. 1-4SCCh. 20.1 - Prob. 1-5SCCh. 20.1 - Prob. 1-6SCCh. 20.1 - Prob. 2-1SCCh. 20.1 - Prob. 2-2SCCh. 20.1 - Prob. 2-3SCCh. 20.1 - Prob. 2-4SC
Ch. 20.1 - Prob. 1SECh. 20.1 - Prob. 2SECh. 20.1 - Prob. 3SECh. 20.1 - Prob. 4SECh. 20.1 - Prob. 5SECh. 20.1 - Prob. 6SECh. 20.1 - Prob. 7SECh. 20.1 - Prob. 8SECh. 20.1 - Prob. 9SECh. 20.1 - Prob. 10SECh. 20.1 - Prob. 11SECh. 20.1 - Prob. 12SECh. 20.1 - Prob. 13SECh. 20.1 - Prob. 14SECh. 20.1 - Prob. 15SECh. 20.1 - Prob. 16SECh. 20.1 - Prob. 17SECh. 20.1 - Prob. 18SECh. 20.1 - Prob. 19SECh. 20.1 - Prob. 20SECh. 20.2 - Prob. 1-1SCCh. 20.2 - Prob. 1-2SCCh. 20.2 - Prob. 1-3SCCh. 20.2 - Prob. 1-4SCCh. 20.2 - Prob. 2-1SCCh. 20.2 - Prob. 2-2SCCh. 20.2 - Prob. 2-3SCCh. 20.2 - Prob. 2-4SCCh. 20.2 - Prob. 3-1SCCh. 20.2 - Prob. 3-2SCCh. 20.2 - Prob. 3-3SCCh. 20.2 - Prob. 3-4SCCh. 20.2 - Prob. 3-5SCCh. 20.2 - Prob. 3-6SCCh. 20.2 - Prob. 1SECh. 20.2 - Prob. 2SECh. 20.2 - Prob. 3SECh. 20.2 - Prob. 4SECh. 20.2 - Prob. 5SECh. 20.2 - Prob. 6SECh. 20.2 - Prob. 7SECh. 20.2 - Prob. 8SECh. 20.2 - Prob. 9SECh. 20.2 - Prob. 10SECh. 20.2 - Prob. 11SECh. 20.2 - Prob. 12SECh. 20.2 - Prob. 13SECh. 20.2 - Prob. 14SECh. 20.2 - Prob. 15SECh. 20.2 - Prob. 16SECh. 20.2 - Prob. 17SECh. 20.2 - Prob. 18SECh. 20.2 - Prob. 19SECh. 20.2 - Prob. 20SECh. 20.2 - Prob. 21SECh. 20.2 - Prob. 22SECh. 20.2 - Prob. 23SECh. 20.3 - Prob. 1-1SCCh. 20.3 - Prob. 1-2SCCh. 20.3 - Prob. 1-3SCCh. 20.3 - Prob. 1-4SCCh. 20.3 - Prob. 2-1SCCh. 20.3 - Prob. 2-2SCCh. 20.3 - Prob. 2-3SCCh. 20.3 - Prob. 2-4SCCh. 20.3 - Prob. 3-1SCCh. 20.3 - Prob. 3-2SCCh. 20.3 - Prob. 3-3SCCh. 20.3 - Prob. 3-4SCCh. 20.3 - Prob. 1SECh. 20.3 - Prob. 2SECh. 20.3 - Prob. 3SECh. 20.3 - Prob. 4SECh. 20.3 - Prob. 5SECh. 20.3 - Prob. 6SECh. 20.3 - Prob. 7SECh. 20.3 - Prob. 8SECh. 20.3 - Prob. 9SECh. 20.3 - Prob. 10SECh. 20.3 - Prob. 11SECh. 20.3 - Prob. 12SECh. 20.3 - Prob. 13SECh. 20.3 - Prob. 14SECh. 20.3 - Prob. 15SECh. 20.3 - Prob. 16SECh. 20.3 - Prob. 17SECh. 20.3 - Prob. 18SECh. 20.3 - Prob. 19SECh. 20.3 - Prob. 20SECh. 20 - Prob. 1ESCh. 20 - Prob. 2ESCh. 20 - Prob. 3ESCh. 20 - Prob. 4ESCh. 20 - Prob. 5ESCh. 20 - Prob. 6ESCh. 20 - Prob. 7ESCh. 20 - Prob. 8ESCh. 20 - Prob. 9ESCh. 20 - Prob. 10ESCh. 20 - Prob. 11ESCh. 20 - Prob. 12ESCh. 20 - Prob. 13ESCh. 20 - Prob. 14ESCh. 20 - Prob. 15ESCh. 20 - Prob. 16ESCh. 20 - Prob. 17ESCh. 20 - Prob. 18ESCh. 20 - Prob. 19ESCh. 20 - Prob. 20ESCh. 20 - Prob. 21ESCh. 20 - Prob. 22ESCh. 20 - Prob. 23ESCh. 20 - Prob. 24ESCh. 20 - Prob. 25ESCh. 20 - Prob. 26ESCh. 20 - Prob. 27ESCh. 20 - Prob. 28ESCh. 20 - Prob. 29ESCh. 20 - Prob. 30ESCh. 20 - Prob. 31ESCh. 20 - Prob. 32ESCh. 20 - Prob. 33ESCh. 20 - Prob. 34ESCh. 20 - Prob. 35ESCh. 20 - Prob. 36ESCh. 20 - Prob. 37ESCh. 20 - Prob. 38ESCh. 20 - Prob. 39ESCh. 20 - Prob. 40ESCh. 20 - Prob. 41ESCh. 20 - Prob. 42ESCh. 20 - Prob. 43ESCh. 20 - Prob. 44ESCh. 20 - Prob. 45ESCh. 20 - Prob. 46ESCh. 20 - Prob. 47ESCh. 20 - Prob. 48ESCh. 20 - Prob. 49ESCh. 20 - Prob. 50ESCh. 20 - Prob. 51ESCh. 20 - Prob. 52ESCh. 20 - Prob. 53ESCh. 20 - Prob. 54ESCh. 20 - Prob. 55ESCh. 20 - Prob. 56ESCh. 20 - Prob. 57ESCh. 20 - Prob. 58ESCh. 20 - Prob. 59ESCh. 20 - Prob. 60ESCh. 20 - Prob. 61ESCh. 20 - Prob. 62ESCh. 20 - Prob. 63ESCh. 20 - Prob. 64ESCh. 20 - Prob. 65ESCh. 20 - Prob. 66ESCh. 20 - Prob. 67ESCh. 20 - Prob. 68ESCh. 20 - Prob. 69ESCh. 20 - Prob. 70ESCh. 20 - Prob. 71ESCh. 20 - Prob. 72ESCh. 20 - Prob. 1PTCh. 20 - Prob. 2PTCh. 20 - Prob. 3PTCh. 20 - Prob. 4PTCh. 20 - Prob. 5PTCh. 20 - Prob. 6PTCh. 20 - Prob. 7PTCh. 20 - Prob. 8PTCh. 20 - Prob. 9PTCh. 20 - Prob. 10PTCh. 20 - Prob. 11PTCh. 20 - Prob. 12PTCh. 20 - Prob. 13PTCh. 20 - Prob. 14PTCh. 20 - Prob. 15PTCh. 20 - Prob. 16PTCh. 20 - Prob. 17PTCh. 20 - Prob. 18PTCh. 20 - Prob. 19PTCh. 20 - Prob. 20PTCh. 20 - Prob. 21PTCh. 20 - Prob. 22PTCh. 20 - Prob. 1CTCh. 20 - Prob. 2CTCh. 20 - Prob. 3CTCh. 20 - Prob. 4CTCh. 20 - Prob. 5CTCh. 20 - Prob. 6CTCh. 20 - Prob. 7CTCh. 20 - Prob. 8CTCh. 20 - Prob. 1CPCh. 20 - Prob. 2CPCh. 20 - Prob. 1CS1Ch. 20 - Prob. 2CS1Ch. 20 - Prob. 3CS1Ch. 20 - Prob. 4CS1Ch. 20 - Prob. 1CS2Ch. 20 - Prob. 2CS2Ch. 20 - Prob. 3CS2Ch. 20 - Prob. 4CS2
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- Problem 1 An airport is served with an average of 10 departures per day to your desired destination. However, all these flights leave at random times. You are trying to decide how long you are willing to wait to catch the next flight after you arrive at airport. Part A: Acceptable waiting time: T [min] = 78min Part B: What is the probability there will be exactly one departure during this waiting time? Part C: What is the probability there will be exactly no departure during this waiting time? Part D: Which calculation (B or C) should you use to make your decision to wait or leave? Why?arrow_forwardProblem 5 Consider the hospital admissions table presented in the lecture: 刊 Outcome LWBS Admitted Hospital 1 195 Hospital 2 270 Hospital 3 246 Hospital 4 242 1277 1558 1350 984 Not Admitted 3820 5163 4728 3103 Part A: What is the conditional probability that you were admitted if you went to hospital 3? Part B: What is the conditional probability that you went to hospital 3 if you were admitted?arrow_forwardQUAT6221wA1 Accessibility Mode Immersiv Q.1.2 Match the definition in column X with the correct term in column Y. Two marks will be awarded for each correct answer. (20) COLUMN X Q.1.2.1 COLUMN Y Condenses sample data into a few summary A. Statistics measures Q.1.2.2 The collection of all possible observations that exist for the random variable under study. B. Descriptive statistics Q.1.2.3 Describes a characteristic of a sample. C. Ordinal-scaled data Q.1.2.4 The actual values or outcomes are recorded on a random variable. D. Inferential statistics 0.1.2.5 Categorical data, where the categories have an implied ranking. E. Data Q.1.2.6 A set of mathematically based tools & techniques that transform raw data into F. Statistical modelling information to support effective decision- making. 45 Q Search 28 # 00 8 LO 1 f F10 Prise 11+arrow_forward
- Students - Term 1 - Def X W QUAT6221wA1.docx X C Chat - Learn with Chegg | Cheg X | + w:/r/sites/TertiaryStudents/_layouts/15/Doc.aspx?sourcedoc=%7B2759DFAB-EA5E-4526-9991-9087A973B894% QUAT6221wA1 Accessibility Mode பg Immer The following table indicates the unit prices (in Rands) and quantities of three consumer products to be held in a supermarket warehouse in Lenasia over the time period from April to July 2025. APRIL 2025 JULY 2025 PRODUCT Unit Price (po) Quantity (q0)) Unit Price (p₁) Quantity (q1) Mineral Water R23.70 403 R25.70 423 H&S Shampoo R77.00 922 R79.40 899 Toilet Paper R106.50 725 R104.70 730 The Independent Institute of Education (Pty) Ltd 2025 Q Search L W f Page 7 of 9arrow_forwardi need help pleasearrow_forwardCOM WIth Chegg Cheg x + w:/r/sites/TertiaryStudents/_layouts/15/Doc.aspx?sourcedoc=%7B2759DFAB-EA5E-4526-9991-9087A973B894%. QUAT6221wA1 Accessibility Mode Immersi The following table indicates the unit prices (in Rands) and quantities of three meals sold every year by a small restaurant over the years 2023 and 2025. 2023 2025 MEAL Unit Price (po) Quantity (q0)) Unit Price (P₁) Quantity (q₁) Lasagne R125 1055 R145 1125 Pizza R110 2115 R130 2195 Pasta R95 1950 R120 2250 Q.2.1 Using 2023 as the base year, compute the individual price relatives in 2025 for (10) lasagne and pasta. Interpret each of your answers. 0.2.2 Using 2023 as the base year, compute the Laspeyres price index for all of the meals (8) for 2025. Interpret your answer. Q.2.3 Using 2023 as the base year, compute the Paasche price index for all of the meals (7) for 2025. Interpret your answer. Q Search L O W Larrow_forward
- QUAI6221wA1.docx X + int.com/:w:/r/sites/TertiaryStudents/_layouts/15/Doc.aspx?sourcedoc=%7B2759DFAB-EA5E-4526-9991-9087A973B894%7 26 QUAT6221wA1 Q.1.1.8 One advantage of primary data is that: (1) It is low quality (2) It is irrelevant to the purpose at hand (3) It is time-consuming to collect (4) None of the other options Accessibility Mode Immersive R Q.1.1.9 A sample of fifteen apples is selected from an orchard. We would refer to one of these apples as: (2) ھا (1) A parameter (2) A descriptive statistic (3) A statistical model A sampling unit Q.1.1.10 Categorical data, where the categories do not have implied ranking, is referred to as: (2) Search D (2) 1+ PrtSc Insert Delete F8 F10 F11 F12 Backspace 10 ENG USarrow_forward(#1) Consider the solid bounded below by z = x² and above by z = 4-y². If we were to project this solid down onto the xy-plane, you should be able to use algebra to determine the 2D region R in the xy-plane for the purposes of integration. Which ONE of these limite of integration would correctly describe R? (a) y: x24x: -22 - (b) y: 22 x: 04-y² (c) y: -√√4-x2. →√√4x²x: −2 → 2 (d) z: 24-y² y: -2 → 2 (e) None of the abovearrow_forwardepoint.com/:w:/r/sites/TertiaryStudents/_layouts/15/Doc.aspx?sourcedoc=%7B2759DFAB-EA5E-4526-9991-9087A 23;24; 25 R QUAT6221WA1 Accessibility Mode DE 2025 Q.1.1.4 Data obtained from outside an organisation is referred to as: (2) 45 (1) Outside data (2) External data (3) Primary data (4) Secondary data Q.1.1.5 Amongst other disadvantages, which type of data may not be problem-specific and/or may be out of date? W (2) E (1) Ordinal scaled data (2) Ratio scaled data (3) Quantitative, continuous data (4) None of the other options Search F8 F10 PrtSc Insert F11 F12 0 + /1 Backspaarrow_forward
- /r/sites/TertiaryStudents/_layouts/15/Doc.aspx?sourcedoc=%7B2759DFAB-EA5E-4526-9991-9087A973B894%7D&file=Qu Q.1.1.14 QUAT6221wA1 Accessibility Mode Immersive Reader You are the CFO of a company listed on the Johannesburg Stock Exchange. The annual financial statements published by your company would be viewed by yourself as: (1) External data (2) Internal data (3) Nominal data (4) Secondary data Q.1.1.15 Data relevancy refers to the fact that data selected for analysis must be: (2) Q Search (1) Checked for errors and outliers (2) Obtained online (3) Problem specific (4) Obtained using algorithms U E (2) 100% 高 W ENG A US F10 点 F11 社 F12 PrtSc 11 + Insert Delete Backspacearrow_forwardX MindTap - Cenxxxx Answered: tat "X A 26308049 X 10 EKU-- SP 25: X E DNA Sequenc X b/ui/evo/index.html?elSBN=9780357038406&id=339416021&snapshotid=877369& GE MINDTAP , Limits, and the Derivative 40. Answer 5 4-5 t-10 5 f(x) = 2x - 4 if x ≤0 if x 0 10 ++ -4-3-2-1 f(x) = MacBook Pro Search or type URL 5 1234 x² +1 if x = 0 if x = 0 +arrow_forwardMindTap - Cemy X Answered: tat x A 26308049 × 10 EKU--SP 25:11 × E DNA Sequence x H. pylori index.html?elSBN=9780357038406&id=339416021&snapshotid=877369& NDTAP and the Derivative 41. 42. Answer 12 Ay 5 + -10-5 5 10 -5- f(x) = x +5 if x ≤ 0 -x²+5 if x > 0 to -5 5. 5 f(x) = |x − 1| MacBook Pro AAarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Use of ALGEBRA in REAL LIFE; Author: Fast and Easy Maths !;https://www.youtube.com/watch?v=9_PbWFpvkDc;License: Standard YouTube License, CC-BY
Compound Interest Formula Explained, Investment, Monthly & Continuously, Word Problems, Algebra; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=P182Abv3fOk;License: Standard YouTube License, CC-BY
Applications of Algebra (Digit, Age, Work, Clock, Mixture and Rate Problems); Author: EngineerProf PH;https://www.youtube.com/watch?v=Y8aJ_wYCS2g;License: Standard YouTube License, CC-BY