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Homework answers / question archive / 1)The average and standard deviation of the amount of Goods and Services tax remitted by performance artists in a twelve month period were $6

1)The average and standard deviation of the amount of Goods and Services tax remitted by performance artists in a twelve month period were $6

Accounting

1)The average and standard deviation of the amount of Goods and Services tax remitted by performance artists in a twelve month period were $6.734 thousand and $1.884 thousand respectively. If a sample of 121 artists was chosen, find the sample average value above which only 5% of sample averages would lie. Give your answer in dollars (to the nearest dollar).

2)The impact and the effect of Covid-19 pandemic disease are really drastic where events need to be cancelled and some businesses have to stop their operation and production activities. In the situation whereby you are operating a coffee shop selling food and beverage, decide on the actions to be taken with your inventory when the government first announced the Movement Control Order (MCO)

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