The Largest Source of Federal Revenues Is the Corporate Income

question 29

True/False

The largest source of federal revenues is the corporate income tax.

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Definitions:

Absolute Class Frequency

The number of data points in a dataset that belong to a specific category without considering any relative measures.

Relative Class Frequency

The proportion of observations within a statistical data class compared to the total number of observations.

Observations

The individual data points or measured instances collected during a study or experiment.

Frequency Distribution

A mathematical function showing the number of instances in which a variable attains each of its possible values.