The Author of a Statistics Book Has Trouble Deciding Whether

question 155

Essay

The author of a statistics book has trouble deciding whether to use the words ʺheʺ or ʺsheʺ in the bookʹs
examples. To solve the problem, the author flips a coin each time the problem arises. If a head shows, the
author uses ʺheʺ and if a tail shows, the author uses ʺsheʺ. If this problem occurs 100 times in the book, what is
the probability that ʺsheʺ will be used 58 times?

Recognize the role of public finance in funding government activities and the sources of government revenue.

Explain the circular flow model and the role of federal government within it.

Define and provide examples of proprietary income.

Understand the effects of payroll taxes on workers and employers and the overall progressivity of the tax system.

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Definitions:

Discrimination

Unequal and unfavorable treatment of people belonging to distinct groups, usually on the grounds of their race, age, sex, or disabilities.

Stereotyping

Stereotyping is the act of ascribing a fixed set of characteristics to a group of people, disregarding individual differences.

Scapegoating

The act of blaming an individual or group for problems or negative outcomes, often unjustly.

Misfortune

Misfortune is an unfortunate condition or event, resulting in hardship, suffering, or loss.