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Is it true that net pay will vary according to the amount of withholdings?
Net pay will vary according to the amount of withholdings.
What is the appropriate measures of central tendency for ratio data?
iDK! do your homework! or even better! pay attention in class! i learned that the hard way.
How are fraction and ratio different?
Fractions are usually comparisons between two measures which are the same thing or are measures which are simply [linearly] related: for example, two days as a fraction of one week or 1 inch as a fraction of a metre.A ratio may compare two things which are measured in totally different ways: for example, a simple pay rate is the ratio of total earnings (measured in money) divided by the amount worked (hours).
How much will you pay if you pay 20.01 and get 20 percent discount?
You will pay $16.01 after the discount.
How do you solve monthly gross pay?
Net pay = gross pay - deductions. Or in percentages: Net pay = gross pay x (1 - percentage of deductions / 100) If you have any two of these, you can solve the third. For example, in the last formula: gross pay = net pay / (1 - percentage of deductions / 100)
