For Questions Use the Following Narrative

question 48

Multiple Choice

For Questions use the following narrative
Narrative: Exit poll
Suppose a recent election exit pollster reports that "Forty-eight percent of the voters polled said they voted for Candidate A.The margin of error for this survey is plus or minus 2.5 percentage points." Assume the exit poll was designed and conducted correctly.
-{Exit poll narrative} What can be concluded about Candidate A?

• A)48% of all voters will vote for Candidate A.
• B)We are confident that between 45.5% and 50.5% of all voters will vote for Candidate A.This means he/she will win the election, because 50.5% is more than half of the votes.
• C)We are confident that between 45.5% and 50.5% of the voters will vote for Candidate A.The election is 'too close to call' at this point.It could go either way.
• D)None of the above

---

Definitions:

Estimated Payments

Periodic advance payments of expected tax liability, often required for earners not subject to withholding taxes like self-employed individuals.

Tax Liability

Refers to the total amount of tax that an individual or business is obligated to pay to the government, based on earnings, property ownership, and other taxable income sources.

Social Security Taxes

Taxes collected from employees and employers to fund the Social Security program, providing benefits for retirees, the disabled, and survivors.

Medicare Taxes

Taxes withheld from employees' paychecks and also matched by employers to fund the Medicare program, part of the Federal Insurance Contributions Act (FICA) tax.