Reflect tax increase

Assignment Help Basic Statistics
Reference no: EM132188535

The NH tax rate for dining (eating out at restaurants) used to be 8%. A few years ago the rate went up to 9%. Prior to the election in November, I heard a candidate for governor refer to this a 1% tax hike. Do you feel that this is accurate or do you think he was 'lying with statistics'? If you feel he was lying what "method" was he using? Is there another number that could be used to reflect this tax increase? What would is it?

Reference no: EM132188535

Questions Cloud

Describe the quality control activities : COOP Training Final Report - What is the type of ownership of the company/institution? State the main shareholders and their shares
What are the strike price : Nine months later, the price of the stock is $65.5 and the risk-free interest rate is 2.3%. What are the strike price and the forward price
Prepare the income statement and a balance sheet : McGuire Corporation began operations in 2018. Prepare the income statement for 2018 and a balance sheet as of December 31, 2018
What is the upper confidence limit : With 80% confidence, for sample proportion 0.50 and sample size 30, what is the upper confidence limit with 2 decimal places?
Reflect tax increase : Is there another number that could be used to reflect this tax increase? What would is it?
Find the probability for rolling a 1 : A probability experiment cosists of rolling a fair 8 sided die. Find the probability for rolling a 1.
Conventional methods and infants held by mothers : Calculate a 99% confidence interval for the mean difference in mean crying time after being given a vitamin K shot between infants held using conventional
Computing the probability associated with the sample mean : Compute the z score that allows computing the probability associated with the sample mean score being less that 67.
Fashion creative direction analysis of dolce and gabanna : FADS 3309 Prepare Fashion Creative Direction Analysis of Dolce and Gabanna

Reviews

Write a Review

Basic Statistics Questions & Answers

  Is the waiting time at the restaurant under control

Aggregate the data into groups of four, and construct a control chart for the process mean. Is the waiting time at the restaurant under control?

  What percent of hospital b patients died

Which hospital is safer? Insurance companies and consumers are interested in the performance of hospitals. The government releases data about patient outcomes.

  Compute the present value of an annuity

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. Assume that the first cash flow

  Average utilization of the three-teller service system

a. The average utilization of the three-teller service system is p=. 6667. (Enter your response rounded to four decimal places.)

  Find the cumulative probability

For each value of z*, find the cumulative probability P(Z ≤ z*):- z* = 1.96. - z* = -2.33. -  z* = 2.58. -  z* = 1.65.

  Draw the histogram for data

Draw the histogram for these data using an initial class boundary of, an ending class boundary of , and classes of equal width.

  Explain when it is appropriate to use a t-score

Suppose we wish to estimate the population mean using a confidence interval. When is it appropriate to use a z-score? When is it appropriate to use a t-score?

  It is known that 60 of all students at a large university

it is known that 60 of all students at a large university are female. a random sample of 8 students is selected.

  Relationship between bordem and listening to statistics

If b1 = 0, what can be said about the relationship between bordem and listening to statistics tutorials? No relationship exists

  A coin and a die are tossed 10 times what are the

a coin and a die are tossed 10 times. what are the probabilities of the following outcomes?a getting exactly 4 heads

  A group of 2000 randomly selected adults were asked if

question a group of 2000 randomly selected adults were asked if they are in favor of or against cloning. the

  Calculate the measures of center and variation

Inferential Statistics and Analytics - What are the measures of center - What are the measures of variation and why are they important

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd