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What is the probability that a random chosen family has income less than 72000?
The answer depends on the currency unit involved and the population from which the random family is selected. Within most countries, there is considerable variation in incomes between different regions.
A family spends 20 of its monthly income on food 23 on rent and 42 on other expenses and saves the balance If the family saves 360 per month what is its monthly income?
20%(food) + 23%(rent) + 42%(other expenses) = 85% food, rent, and other expenses is 85% of the income so then the savings is 15% of the family income 100% - 85% = 15%(savings) 360(savings) is 15% of the family income 15/100 = 360/x if 360 is 15% of the family income the total of the family income is 2400 20%(food) + 23%(rent) + 42%(other expenses) = 85% food, rent, and other expenses is 85% of the income so then the savings is 15% of the family income 100% - 85% = 15%(savings) 360(savings) is 15% of the family income 15/100 = 360/x if 360 is 15% of the family income the total of the family income is 2400
The graph comparing the income a consumer makes over a lifetime with expenses over a lifetime is called the time probability?
No.
Whats the difference between tax free income and taxable income?
You pay tax on taxable income and you don't on tax free income
If the correlation between income level and charitable giving is 0.82 the relationship between income and donations to charities is?
Strong and positive
