THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 138

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
In a recent survey,200 top executives were asked how many hours they spend each year in community service.The data are presented below.

-What is the estimated standard deviation for this data?

---

Definitions:

Capital Gains

The profit that results from selling an asset for more than its purchase price, often related to investments or real estate.

Non-Eligible Dividends

are dividends that come from earnings that have not been taxed at the general corporate rate, often receiving less favorable tax treatment than eligible dividends.

Marginal Provincial Tax Rate

The rate at which your next dollar of taxable income would be taxed, specific to the province in the context of Canadian taxation.

Provincial Tax Rates

The percentage rate at which income, goods, services, and transactions are taxed by individual provinces or territories in Canada.