Use the Following to Answer Question

question 20

Multiple Choice

Use the following to answer question:
-(Table: Three Tax Structure Proposals) Use Table: Three Tax Structure Proposals.If one wished to use a proportional or flat tax structure,one should use proposal _____,in which the percentage of income taxed is _____%.

• A)1;20
• B)2;10
• C)3;20
• D)2;20

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Definitions:

Mean

The arithmetic average of a set of values, calculated by summing the values and then dividing by the number of values.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are.

Normally Distributed

Describes a data distribution that follows a bell curve, where most observations cluster around the central peak and probabilities for values taper off equally on both sides.

Mean

The average of a set of numbers, calculated by summing all the numbers and then dividing by the count of those numbers.