If a systematic random sample is to be selected of size 100 from a population with 5,000 items, the first item selected from the ordered population will be:

A) randomly selected between 1 and 100.
B) randomly selected between 1 and 50.
C) any randomly selected value between 1 and 5,000.
D) item 50.


B

Business

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Mr. and Mrs. Maxwell are equal partners in Family partnership. The Maxwell's marginal tax rate is 35%. Next year, the partnership is expected to generate $200,000 of ordinary income. The Maxwells are considering transferring 20% interests in the partnership to each of their children. Their daughter, Melissa, has a 12% marginal tax rate. Their son, Mark, has a 22% marginal tax rate. Calculate the expected annual tax savings to the family from the proposed transfer of partnership interests.

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What will be an ideal response?

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