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kykrilka
2 days ago
5

Ayesha works as a real estate agent. Her annual gross salary is $28,000. From this, she must pay 20% income tax on anything earn

ed above $15,000. In addition, she must repay a loan at a rate of $140 per month, which is taken out of her post-tax pay (i.e. after the tax has been calculated). What is Ayesha's take home pay per year? Round your answer to the nearest dollar.
Mathematics
1 answer:
Zina [9.1K]2 days ago
8 0

Answer:

Step-by-step explanation:

Annual gross salary = $28000

Income tax = 20% applicable to earnings exceeding $15000

Thus, she has a taxable amount of $5000

Rent loan equals $140 monthly = $140 * 12= $1680 per year

Tax deductible annually would be 20% of $5000

20 / 100 * $5000 = $1000

Her total net income annually is equal to

Gross salary per annum - tax - loan =

($28000 - $1000 - $1680) = $25,320

Ayesha's take-home pay annually is $25,320.

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B refers to the base of the triangle,
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1 month ago
The Insure.com website reports that the mean annual premium for automobile insurance in the United States was $1,503 in March 20
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Answer:

a) Null and alternative hypothesis

H_0: \mu=1503\\\\H_a:\mu< 1503

b) Point estimate d = -$78

c) Test statistic t = -2.438

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Reject H0. This indicates that the average automobile premium in Pennsylvania is lower than in the nation.

Step-by-step breakdown:

This is a statistical test for the average population mean.

The hypothesis posits that car insurance in Pennsylvania is notably less expensive compared to the national average.

Accordingly, the null and alternative hypotheses are:

H_0: \mu=1503\\\\H_a:\mu< 1503

The significance level is set at 0.05.

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The sample mean equates to M=1425.

A point estimate of the difference between the Pennsylvania mean premium and the national average can be computed using the sample mean:

d=M-\mu=1425-1503=-78

Given that the standard deviation of the population is unknown, we approximate it using the sample standard deviation, which is s=160.

The estimated standard error of the mean is determined with the formula:

s_M=\dfrac{s}{\sqrt{n}}=\dfrac{160}{\sqrt{25}}=32

Then, we can calculate the t-statistic as:

t=\dfrac{M-\mu}{s/\sqrt{n}}=\dfrac{1425-1503}{32}=\dfrac{-78}{32}=-2.438

The degrees of freedom for this sample size stand at:

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This constitutes a left-tailed test, with 24 degrees of freedom and t=-2.438, rendering the P-value as (per a t-table):

\text{P-value}=P(t

As the P-value (0.0113) falls below the significance level (0.05), the results prove significant.

Thus, the null hypothesis obtains dismissal.

At a 0.05 significance level, there's sufficient evidence to assert that car insurance in Pennsylvania costs notably less than the national average.

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Response:

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Provided information;

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Inferred from the question: Since Ariel's speed is 45 mph, after two hours she is ahead by 90 miles.

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