The Wilcoxon rank-sum test requires the data be at least at the ordinal level of measurement and that the shapes of the distributions for the two populations are similar
Indicate whether the statement is true or false
TRUE
Business
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State unemployment compensation tax (SUT
A) is paid by the employer and is not deducted from an employee's gross earnings.
Business
Joe, an employee of Time Travel, Inc, has gross salary for March of $5,200
The entire amount is under the OASDI limit of $117,000, and thus subject to FICA. He is also subject to federal income tax at a rate of 29%. His year-to-date pay has already exceeded the $7,000 cap for FUTA and SUTA. The journal entry to record employer's payroll tax expense includes a credit to FICA-Medicare Taxes Payable for $150.80. (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.) Indicate whether the statement is true or false
Business