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The Larger the Standard Deviation,the Less Spread Out the Values

question 67

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The larger the standard deviation,the less spread out the values are.


Definitions:

Form 1040EZ

A simplified tax form for individuals with uncomplicated tax situations, previously used to report income to the IRS.

Married Filing Jointly

A tax filing status for married couples who choose to file a single tax return together, combining their incomes and deductions.

Marginal Tax Rate

The rate at which the last dollar of a taxpayer's income is taxed, indicating the rate applied to each additional dollar of income.

Taxable Income

The amount of income used to determine how much tax an individual or a company owes to the government in a given tax year.

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