Given That on One Section of the SAT the Mean

question 24

Multiple Choice

Given that on one section of the SAT the mean is 500 and the standard deviation is 100,what is the approximate probability of selecting a student whose score is 300 or lower followed by selecting a student whose score is 700 or higher on the test?

• A) .0005
• B).002
• C).022
• D).045

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Definitions:

FICA Taxes

Taxes collected under the Federal Insurance Contributions Act that fund Social Security and Medicare programs.

Regressive

Pertaining to a tax system in which the tax rate decreases as the taxable amount increases, commonly considered less fair because it imposes a heavier burden relative to income on those with less.

Progressive

Pertaining to a taxation system in which the tax rate increases as the taxable amount increases, imposing a higher percentage rate on the wealthy to ensure equity.

Consumption Tax

A tax on the purchase of goods or services, levied at the point of sale, designed to tax spending rather than income or savings.