We have strong evidence that, on average a new sample will give sample proportion within 0.04 of the lower and upper bounds of the confidence interval: We can be 3.64% confident that our sample proportion is correctly calculated. We expect any sample proportion to be wrong approximately 3.64% of the time on average B. We want to calculate 90.00% confidence interval for the actual proportion of Meridian Township residents who are in favor of the tax increaseġ) What is the 90.00% confidence interval if the estimated standard error of sample proportion is 0.04? Give your answer to 4 decimal placesĢ) What is the margin of error for this confidence interval? Give your answer to decimal placesģ) What is the correct interpretation of this standard error? A. They randomly surveyed 184 residents and found that 58 5% are in favor of the tax increase. If such a change in circumstances has occurred and you have not notified the County Auditor, the deduction will be disallowed and you will be liable for taxes and penalties on the amount deducted.SOLVED: 5 points) The Township Board of Meridian Township wants to know how much public support there is for raising property taxes to fix and maintain the roads in the township. If any circumstances have changed that would make you ineligible for a deduction that you have been allowed in Table 5 on this tax bill, you must notify the County Auditor. For more information, see the back of this document. When added to the base property tax cap amount for your property, this creates the effective tax cap rate. Joseph County, this line also reflects debt obligations incurred prior to the creation of property tax caps. It is possible, therefore, that you may receive credit for the tax cap on line 4b even if your net property tax bill is lower than this amount.Ĭharges not subject to the property tax cap include property tax levies approved by voters through referendum. The property tax cap is calculated separately for each class of property owned by the taxpayer.
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