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What shape of distribution (Normal, Positive skew, or Negative skew) would you expect for a polygon of the following data?
a. The heights of women in a large population: ________________________
b. Income ________________________
c. A test with a large number of high scores________________________
d. The average annual rainfall in Los Angeles over the past 110 years: ________________________
Wages Expense
The total cost incurred by a company for the payment of wages to employees during a specific period.
FICA Tax Rate
The percentage of income that is taken as tax to fund Social Security and Medicare, paid equally by employees and employers.
Federal Unemployment
Federal Unemployment refers to unemployment tax paid at the federal level by employers to fund state workforce agencies and unemployment insurance for workers who have lost their jobs.
Form 941 Taxes
Another term used to describe FIT, OASDI, and Medicare. This name comes from the form used to report these taxes.
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