Suppose that you are a student worker in the Statistics Department and agree to be paid by the Random Pay system. Each week the Chair flips a coin. If the coin comes up heads, your pay for the week is $80; if it comes up tails, your pay for the week is $40. You work for the department for 100 weeks (at which point you have learned enough probability to know the system is not to your advantage). Suppose is your average pay for the 100 weeks. Then, has approximately a .

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60