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A Surprising Application of the Integral \( \int^T_0 ( 1 - F(x)) dx \) to Revenue Projection (Classroom Capsules and Notes)

Topic(s): 
Continuous Distributions, General
Probability

This article appeared in Mathematics Magazine (1993) and is contained in Classroom Capsules and Notes. From the summary, "The author describes an integral that represents the proportion of wages covered by Social Security and exposed to taxation."

Identifier: 
http://www.maa.org/programs/faculty-and-departments/classroom-capsules-and-notes/a-surprising-application-of-the-integral-intt0-1-fx-dx-to-revenue-projection
Subject: 
Statistics and Probability
Probability
Univariate Distributions
Rating: 
Average: 3 (203 votes)
Creator(s): 
Allan Kroopnick
Publisher: 
Mathematical Association of America
Rights: 
Mathematical Association of America