Recent content by Forumite

  1. F

    What is the Expected Wheel Tax Revenue for the City in November?

    Ah, I see. So for November, E(X) = (74,506*50)*30/365 and for February, assuming it's not a leap year, it would be E(X) = (74,506*50)*28/365 Thanks for the help.
  2. F

    What is the Expected Wheel Tax Revenue for the City in November?

    Going by the same approach, it would be the same answer. Did you have something else in mind?
  3. F

    What is the Expected Wheel Tax Revenue for the City in November?

    1. A city has 74,806 registered automobiles. Each is required to display a bumper decal showing that the owner paid an annual wheel tax of $50. By law, new decals needed to be purchased during the month of the owner’s birthday. How much wheel tax revenue can the city expect to receive in...
Back
Top