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Suppose X is a normal random variable with and
. Find
. Round your answer to four decimal places.
Federal Income Tax
The tax levied by the U.S. government on the annual earnings of individuals, corporations, trusts, and other legal entities.
Allowances
Reductions from the gross amount due to defects or allowances for customer discounts, contributing to the net sales figure.
W-4 Form
A tax form used by employees to indicate their tax situation to their employer, such as number of dependents and marital status, affecting the amount of federal income tax withheld from their pay.
FICA-Medicare
A federal payroll tax that funds Medicare, the U.S. health insurance program for individuals aged 65 and over or who meet other specific criteria.
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