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Prince Edward Island Fisheries and Environment has been feeding a special food to rainbow trout fingerlings in a pond. A sample of the weights of 40 trout revealed that the mean weight is 402.7 grams and the standard deviation 8.8 grams. What is the probability that the mean weight for a sample of 40 trout exceeds 405.5 grams?
Average Tax Rate
The ratio of the total amount of taxes paid to the total taxable income, showing the share of income paid in taxes.
Tax Deductible Donation
A Tax Deductible Donation is a contribution or gift to a qualifying organization where the donor can deduct the amount from their taxable income.
Marginal Tax Rate
The percentage of tax applied to your income for each tax bracket in which you qualify.
Average Tax Rate
The proportion of total income that is paid as taxes, calculated by dividing the total amount of taxes paid by the taxpayer's total income.
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