Ask Experts Questions for FREE Help !
Ask
    steadfast911's Avatar
    steadfast911 Posts: 1, Reputation: 1
    New Member
     
    #1

    Dec 2, 2011, 01:31 PM
    Canadian Income per Capita. In 2008, the mean income per capita measured in US$ was
    Canadian Income per Capita. In 2008, the mean income per capita measured in US$ was $31639 in Canada and $40807 in Norway.
    Let us assume that income per capita is Normally distributed with standard deviation equal to 31% of the mean for each country. You select a random sample of 6 people in Normally and 6people in Canada.
    a) What is the probability that the mean income of your Canadian sample is above $40807?
    b) What is the probability that the mean income of your Norwegian sample is above $31639?
    c) What would be the effect of not assuming that the income per capita is normally distributed?

Check out some similar questions!

Capita Expenditure straight line depreciation [ 2 Answers ]

Please help : Capital Expenditure New Processor mashine worth 200000 is planned to be bought on HP at the start of September. Deposit of 80000 is required with the balance of 132000 being payable at 11000 per month for the following 12 months. The first payment will occur in September. The...

What is the per capita income for middle-income families as per WDR 2006 [ 1 Answers ]

What is the per capita income for middle-income families as per WDR2006

Canadian citizen with US income; spouse has Canadian income [ 4 Answers ]

Hi, Please help me understand how to file my taxes (none of the online software, like TurboTax, TaxCut, etc... seem to be able to handle this proprely) I'm an H1 visa holder; I'm working and living in US since 09/2007. My wife has been living and working in Canada in almost all 2008 (360...

Canadian income question [ 2 Answers ]

I'm considering accepting a position as a contractor with a Canadian company. I'll be working in the U.S. but being paid out of Canada. As a contractor I understand the rules around FICA, etc. but want to know if the Canadian company sends a 1099 MISC at the end of the year as a U.S. company would...


View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.