The Number Calculated by Adding a Series of Values and Then

question 27

Multiple Choice

The number calculated by adding a series of values and then dividing by the number of values is referred to as the

• A) mean.
• B) mode.
• C) median.
• D) percentage.

Understand the concept of employment equity and the rationale behind it.

Identify the key components of an effective employment equity plan.

Recognize the roles and responsibilities of an employment equity representative.

Know the first step in creating a workplan for employment equity.

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Definitions:

Stock Market Investor

An individual or entity that allocates capital with the expectation of receiving financial returns in the stock market.

Marginal Tax Rate

The tax rate that applies to the next dollar of taxable income; the percentage of tax applied to your income for each tax bracket in which you qualify.

Taxable Income

The amount of income that is subject to tax, after all allowable deductions, exemptions, and adjustments.

Average Tax Rate

The ratio of the total amount of taxes paid to the total income, showing the percentage of income paid in taxes.