Oliver Has Two Employees Who Earned the Following Amounts During

question 67

Multiple Choice

Oliver has two employees who earned the following amounts during 2016: If Oliver timely pays 5.4 percent for state unemployment tax, what is the amount of his 2016 FUTA after the state tax credit?

• A)$0
• B)$72
• C)$112
• D)$176
• E)None of the above

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Definitions:

Z-Score

Another term for standard score, indicating the number of standard deviations a data point is from the mean of its distribution.

Standard Deviations

A statistical measure that quantifies the amount of variation or dispersion of a set of data values.

Standard Normal Distribution

A bell-shaped probability distribution characterized by a mean of zero and a standard deviation of one, used in many areas of statistical analysis.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in a data set vary from the mean.