Jeremy earned $100,700 in salary and $6,700 in interest income during the year. jeremy’s employer withheld $11,000 of federal income taxes from jeremy’s paychecks during the year. jeremy has one qualifying dependent child who lives with him. jeremy qualifies to file as head of household and has $25,700 in itemized deductions. (use the tax rate schedules.)

Q3. loral corporation manufactures parts for an aircraft company. it uses a computerized numerical controlled (cnc) machining center to produce a specific part that has a design (nominal) target of 1.275 inches with tolerances of ± 0.020 inch. the cnc process that manufactures these parts has a mean of 1.285 inches and a standard deviation of 0.005 inch. compute the process capability ratio and process capability index, and comment on the overall capability of the process to meet the design specifications.