Use the Following to Answer Questions

question 35

Short Answer

Use the following to answer questions :
We know that 57% of all adults are in favor of abolishing the sales tax and increasing the income tax.Suppose we take a random sample of 420 adults and obtain their opinions on the issue.
-The probability that 250 to 265 will be in favor of abolishing the sales tax and increasing the income tax is approximately:

---

Definitions:

Electronic Textbooks

Digital versions of textbooks that can be accessed on electronic devices like computers, tablets, or e-readers.

Complementary Goods

Products or services that are used together, where the demand for one is linked to the demand for another.

Inferior Goods

Goods for which demand decreases as the income of the consumer increases, opposite to normal goods.

Income Increases

A rise in the amount of money received, especially on a regular basis, for work or through investments, which can impact consumption, savings, and overall economic well-being.