The Sampling Distribution of the Sample Proportion Can Be

question 123

True/False

The sampling distribution of the sample proportion can be approximated by a normal distribution as long as the population proportion p is very close to .50.

---

Definitions:

Payroll Tax Expense

Taxes that an employer pays related to the salaries and wages of employees, including social security tax, Medicare tax, and federal and state unemployment taxes.

Medical Insurance Deductions

Amounts deducted from an employee's paycheck to cover health insurance premiums, typically part of an employer's benefits package.

FICA Taxes Payable

Amounts owed by employers for their portion of Social Security and Medicare taxes, required to be remitted to the government.

Employer's Payroll Taxes

Employer's Payroll Taxes are taxes that employers are required to pay on behalf of their employees, which can include Social Security, Medicare, and unemployment taxes.