The Next Questions Are Based on the Following Information

question 104

Multiple Choice

The Next Questions Are Based On The Following Information:
A hydraulic press is operating correctly when the standard deviation of the pressure is less than 120 pounds-per-square-inch (psi) .Suppose you take a random sample of 15 measurements throughout the day of the psi and find the standard deviation to be 148.Suppose you want to test whether the press is operating correctly.
-Rosanne is the floor manager at Yesbe Beauty Products,who takes care of the face cream section.One of her tasks is to make sure that the face cream mini packs weigh four ounces (4.0) on average.Assume that the standard deviation of the weight of the mini packs is known to be 0.1 ounces.Rosanne tasks one of her employees to choose 25 packs at random and find the average weight.For what values would Rosanne tell the employee to reject the production,if she wanted the probability of a Type I error to be 0.10 or less?

• A)Reject the production if the average weight < 3.955.
• B)Reject the production if the average weight < 3.975.
• C)Reject the production if the average weight < 3.965.
• D)Reject the production if the average weight < 3.985.

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Definitions:

Average Tax Rate

The ratio of the total amount of taxes paid to the total tax base (taxable income or spending), indicating the fraction of income or expenditure paid in taxes.

Payroll Taxes

Taxes imposed on employers and/or employees, and are based on the salary or wages of the employee.

Payroll Tax

Contributions demanded from either employees or employers, frequently calculated based on the salaries that staff are awarded by their employers.

Personal Income Tax

A tax levied on an individual's total personal income, taking into account wages, salaries, and other sources of income.