Business, 26.05.2021 09:40 lilquongohard

. It was found that the income of people living in juja is normally distributed with mean 22,000 and standard deviation of ksh 6000. It is believed that those who earn below 15000 are considered to be poor while those earning above

25,000 are considered to be rich.

i. Find the percentage of the population who are considered to be poor and rich.

ii. Given that, most of the population who are earning between ksh 18000 and ksh 21000 are considered to be

middle income earners, find the percentage of the population who belongs to this category

iii. Juja people only consider electing a member to county assembly if the individual earns ksh 25,000 and above.

Majority of the candidate contesting for the position are believed to be earning more. Find the percentage of

people who qualifies to vie for this position if election is based on the income of the individual.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:30, gtamods402

What does the phrase limited liability mean in a corporate context?

Answers: 2

continue

Business, 22.06.2019 00:30, juicyx39

Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150

Answers: 1

continue

Business, 22.06.2019 20:40, homework1911

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.

Answers: 2

continue

Business, 23.06.2019 01:30, Elijah7934

What are six resources for you decide which type of business to start and how to start it?

Answers: 3

continue

You know the right answer?

. It was found that the income of people living in juja is normally distributed with mean 22,000 and...