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For this project, you will set up a budget that will allow you to live the type of life you would like based on the career path you have chosen. Using the U. S. Government’s Occupational Outlook Handbook, you will find a career the interested in related to your major. Use the website to find the median yearly income for your career.
After you have found the median income for your career, you will build a worksheet to house your budget. Your worksheet should be well organized and easy to read. Based on your income, you will need to calculate your net income after taxes. The following chart will help you figure out what your income will be after taxes.
Federal Tax Brackets and Rates, 2018
Rate
For Unmarried Individuals, Taxable Income Over
For Married Individuals Filing Joint Returns, Taxable Income Over
For Heads of Households, Taxable Income Over
10%
$0
$0
$0
12%
$9,525
$19,050
$13,600
22%
$38,700
$77,400
$51,800
24%
$82,500
$165,000
$82,500
32%
$157,500
$315,000
$157,500
35%
$200,000
$400,000
$200,000
37%
$500,000
$600,000
$500,000
You will need to calculate the Federal and State Tax withholdings to deduct from your Gross Income. The Federal withholdings should be calculated based on the tax brackets displayed above. To find the amount of state taxes that you will need to pay, please go to https://www.tax-brackets.org and look up the state you plan on residing in.
Guidelines for figuring out your Social Security and Medicare taxes are as follows:
For 2018, an employee will pay:
a. 6.2% Social Security tax on the first $128,700 of wages (maximum tax is $7,960.80 [6.2% of $128,400]), plus
b. 1.45% Medicare tax on the first $200,000 of wages ($250,000 for joint returns; $125,000 for married taxpayers filing a separate return), plus
c. 2.35% Medicare tax (regular 1.45% Medicare tax + 0.9% additional Medicare tax) on all wages in excess of $200,000 ($250,000 for joint returns; $125,000 for married taxpayers filing a separate return)
On a salary of $128,400 (or more), an employee and his employer each will pay $7,960.80 in Social Security tax in 2018.
Once you have deducted all taxes, you will have the figure you need to begin planning your budget.
Your budget should be broken down by month. The budget should include Housing, Utilities, Food, Transportation, Clothing/Personal items, Medical Care, Entertainment, Credit Card Expenses, Savings, and Miscellaneous Expenses.
When calculating your budget, keep these things in mind:
· A need is something you must have to survive, such as food, shelter and clothing.
· A want is something you desire or would like to have or do.
· Fixed Expenses are those expenses that do not change from month to month.
· Variable costs are those costs that change from month to month and are more difficult to budget for on a monthly basis.
· Housing expenses will be the largest portion of your budget. Experts recommend spending no more than 25 to 30 percent of your budget on housing expenses.
· Most experts say your transportation costs should be 10 to 15 percent of your monthly budget.
· Food costs should be about 10-15% of your net monthly income.
· In addition to clothing, personal items include things like toiletries, laundry, haircuts, etc. Personal/clothing items will run about 2-10% of your monthly income.
· Utilities include things like gas, electricity, telephone, cell phone, cable or satellite television, water, etc. Gas and electricity may already be included in your rent if you choose to rent an apartment or house but you still need to research this information. Experts say you should budget 5 to 10 percent of your net income for utilities each month.
· Entertainment must be included in your budget because realistically, you are not going to sit at home, you will go out and spend money on yourself and possibly your friends.
· The miscellaneous category will include out-of-pocket expenses, convenience items, incidental home expenses, vacations, etc.
· Health insurance premiums will vary depending on your circumstances. For this assignment, you will assume that premiums for individual coverage averaged $321 per month while premiums for family plans averaged $833 per month and include that in your budget.
As the final part of this project, you will create a PowerPoint detailing your chosen career and include a chart displaying an overall summary of your budget. Watch the following video for tips on building better presentations.Normal Distribution
I’m studying for my Statistics class and need an explanation.
1. Let X be a standard normal random variable. Find P(X < 0). Express your answer as a decimal. 2. Let X be a standard normal random variable. Find P(X ≤ -2.27). Express your answer as a decimal. 3. Let X be a standard normal random variable. Find P(X > 2.82). Express your answer as a decimal.
4. Let X be a standard normal random variable. Find P(-1.20 < X < 1.74). Express your answer as a decimal. 5. Assume that thermometer readings are normally distributed with a mean of 0 degrees Celsius and a standard deviation of 1 degree Celsius. A thermometer is randomly selected and tested. Find the temperature reading that separates the bottom 93.7% from the top 6.3%. Round your answer to the nearest hundredth. 6. Assume that thermometer readings are normally distributed with a mean of 0 degrees Celsius and a standard deviation of 1 degree Celsius. A thermometer is randomly selected and tested. Find the temperature reading that separates the bottom 40.9% from the top 59.1%. Round your answer to the nearest hundredth. 7. A radar unit is used to measure speeds of cars on a motorway. The speeds are normally distributed with a mean of 90 km/hr and a standard deviation of 10 km/hr. What is the probability that a car picked at random is travelling at more than 100 km/hr? Round your answer to the nearest thousandth. 8. A survey by the National Retail Federation found that women spend on average $146.21 for the Christmas holidays. Assume the standard deviation is $29.44. Find the percentage of women who spend less than $160.00. Assume the variable is normally distributed. Express the answer in the form of a percentage (do not include % sign in your answer). Round your answer to the nearest hundredth. 9. Each month, an American household generates an average of 28 pounds of newspaper for garbage or recycling. Assume the standard deviation is 2 pounds. If a household is selected at random, find the probability of its generation between 27 and 31 pounds per month. Assume the variable is normally distributed. Express your answer as a percentage. (do not include % sign in your answer). Round your answer to the nearest hundredth. 10. The national average SAT score (for Verbal and Math) is 1028. If we assume a normal distribution with standard deviation 92, what is the probability that a randomly selected score exceeds 1200? Express your answer as a decimal. Round your answer to the nearest hundredth. 11. To qualify for a police academy, candidates must score in the top 10% on a general abilities test. The test has a mean of 200 and a standard deviation of 20. Find the lowest possible score to qualify. Assume the test scores are normally distributed and that only whole number scores are possible. 12. The average price of a personal computer is $949. If the computer prices are normally distributed with a standard deviation of $100, the least expensive 10% of personal computers cost less than what amount? Round your answer to the nearest dollar.Check My Homework on Decimals: online nursing assignment help Help me study for my Mathematics class. I’m stuck and don’t understand. I need to know if I got my answers correct for my Math classwork here is what I got including the questions. For the 1st problem, the directions said to Write each decimal number in standard form. 1.Twelve and six hundredths = 12.06 Next problem said to write each decimal as a fraction or mixed number in simplest form. 2. 0.8= 8/10 simplest form would be 4/5 Next 2 questions we are to insert the correct <, >, or = symbol between each pair of number
3. Is -1.062 > -1.07
4. Is 0.01 > -0.1
The last problem says to round the decimal to the nearest hundredth
5. -0.234= -0.2302/// 13 part 2Experiments ( I post exampl for the right answer ): nursing homework help
I’m trying to learn for my Mathematics class and I’m stuck. Can you help?
CONTEXT
A newspaper story in Knight Ridder Newspapers described an experiment in an article with the headline “Doctor Dogs Diagnose Cancer by Sniffing It Out.”
In the experiment researchers trained dogs to identify people with breast or lung cancer. The dogs were trained to lay down if they detected cancer in a breath sample. After the training, dogs sniffed different breath samples of people with and without cancer. Impartial observers watched the dogs and decided when the dog identified a person as having cancer. Researchers then revealed the condition of the person who gave the breath sample and determined if the dog had correctly identified the presence of cancer.
The newspaper states, “The researchers blinded both the dog handlers and the experimental observers to the identity of the breath samples.”
PROMPT
Explain what the following sentence means. “The researchers blinded both the dog handlers and the experimental observers to the identity of the breath samples.” Explain why blinding in this experiment is important.
exampl for the right answer
ANSWER(S)
“The researchers blinded both the dog handlers and the experimental observers to the identity of the breath samples.” This means neither the dog handlers nor the observers knew if the breath samples came from people with or without cancer. Blinding is important in this experiment because if the dog handlers or the observers knew which samples came from people with cancer, then they could unintentionally pass signals to the dogs and influence the dogs’ behavior.Cloud Management
I’m working on a Business exercise and need support.
Step 1: Review the Procurement Process
Procurement refers to the process of selecting vendors, establishing payment terms, strategic vetting, selection, the negotiation of contracts and actual purchasing of goods, services, and other work vital to an organization.
A request for proposals or RFP is part of the procurement cycle. It provides an overview and background of the company, the relevant financial information, the define the requirements section, including availability requirements and business requirements, and the administrative information about the bidding process. The RFP specifies the type of contract that you wish cloud vendors to respond with (firm-fixed-price, cost-plus, or cost-plus-award-fee).
A subset of the RFP, the statement of work (SOW), lays the groundwork for the project. It includes and defines all aspects of the project, such as activities, deliverables, and the timetable, and any relevant information on the existing technical environment.
George Ianța/Art Images/Getty Images
Procurement 101
Procurement Process Request for Proposal (RFP) Components of an RFP Sample IT RFP How to Write an RFP Cost Estimation Components of an RFP Response
Before moving to Step 2, take some time to become acquainted with the basics of the procurement process and discuss the elements of procurement with your colleagues in Discussion: Procurement Process Review.
Step 2: Review BallotOnline’s RFP for Web Services
For this stage of the procurement process, you will assume the role of the bid and proposal manager at a vendor providing cloud migration services for the AWS platform. Your final deliverable will be a proposal in response to the web application services RFP posted by BallotOnline.
Boilerplate language contains key legal provisions that can affect the enforceability of an RFP. It is important to have a basic understanding of boilerplate language and how it is used in an RFP.
You may want to review sample boilerplate language used in RFPs and RFP responses before moving on to the next step.
Take Note
Before beginning your proposal, fully examine the web services RFP posted by BallotOnline so you understand the project requirements, including security, financial, regulatory, and technical issues that will need to be considered in your proposal response.
Step 3: Identify the Key Components of the RFP Response
You have shared BallotOnline’s requirements with your colleagues, and your organization has decided to move forward with writing a proposal.
It is now time to identify the key components of an RFP response. Those components will include technical aspects as well as costs and personnel considerations. The financial proposal should outline all costs associated with implementing the technical proposal.
You should also keep the AWS features and offerings and cloud service provider (CSP) pricing issues in mind.
In the next step, you will start working on your draft RFP response.
Step 4: Mapping the RFP Requirements
It is important that your proposal addresses the specific details outlined in the RFP. You should create a two-column table breaking down your proposal to map to each component of the RFP.
Review the RFP from BallotOnline and prepare an RFP mapping document. Submit this document for review.
END OF FIRST PART OF PROJECT
tep 5: Begin Drafting Your Individual RFP Response
Although you will not submit your response to the dropbox at this time, you should take time to organize your thoughts and begin writing the final proposal now, as you will discuss your proposed response with peers in the next step.
Use the RFP Response Template to write your draft RFP response.
Your RFP Response Proposal should include enough details to assure the reviewer that your proposal can address all aspects of the requirements. The most common reasons that a proposal is rejected include not addressing a specific requirement or not providing enough details on how the vendor can meet a requirement or plan to meet a requirement.
It is acceptable for the RFP response proposal to have a statement, “Proposed solution meets this requirement” when addressing specific requirements that are outside the scope of this course.
Step 6: Discuss Your Proposed RFP Response With Colleagues
With your draft now ready, the next step is to discuss your RFP response with your colleagues. Proposal writing is a process, and several iterations may be necessary to meet the client’s needs. Take a moment to discuss your proposed RFP response with your colleagues in the Discussion: Proposed RFP Response forum. However, do not share your actual RFP response in the discussion.
After the discussion, it’s time for the final step, in which you will put together your individual final RFP response.
Step 7: Submit the Final RFP Response
At this point, you should have a much better understanding of how vendors will respond to a cloud RFP and the type of information that you can expect to see in their proposals. As a professional in the cloud computing field, you will need to review and understand both technical and cost proposals, and make the best decision for your organization.
It is now time to put everything together in the final RFP response to submit to BallotOnline for review.
Complete your RFP response and submit it via the dropbox below.
Before you submit your assignment, review the competencies below, which your instructor will use to evaluate your work. A good practice would be to use each competency as a self-check to confirm you have incorporated all of them in your work.
1.7: Create neat and professional looking documents appropriate for the project or presentation. 5.1: Evaluate the Business IT needs of an organization. 5.2: Propose strategies the organization can employ using cloud solutions to enhance organizational effectiveness. 6.1: Articulate the systems architecture of the cloud – cloud infrastructure, cloud service, cloud platform, and cloud storage. 6.8: Review, evaluate, and utilize emerging technologies related to cloud to support business needs. 7.2: Examine industry best-practices and standards. 9.4: Acquire cloud service / Manage cloud procurement project. 9.5: Design virtualized network infrastructure to meet business needs. 9.6: Design cloud storage infrastructure to meet business needs.
