A Candidate Claims That 60% of the Voters in His

question 101

Multiple Choice

A candidate claims that 60% of the voters in his district will vote for him. If his district contains 120,300 voters, how many votes does he expect to get from his district, and what is the standard deviation of the number of these votes? Round any estimated quantities to the nearest integer. ​

• A) ​
• B) ​
• C) ​
• D) ​
• E)​ ​

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Definitions:

Corporate Sector

The part of an economy that is run by private individuals and companies, rather than the government, typically functioning within a framework of capitalist or market-driven principles.

Payroll Tax

Levies applied to employers or employees, most often calculated as a portion of the wages that employers disburse to their personnel.

Regressive

A term often used in taxation to describe a situation where the tax rate decreases as the taxable amount increases, placing a higher relative burden on lower earners.

Top Income Levels

Refers to the highest segment of earners in an economic distribution, often associated with a significant proportion of the total income of a society.