When Is the Median the Best Measure of Central Tendency

question 103

Multiple Choice

When is the median the best measure of central tendency?

• A) The data are in a symmetrical distribution
• B) When there are a large number of cases
• C) There is a great deal of variability in the scores
• D) The data are highly skewed

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Definitions:

Regressive

A characteristic of a tax system where the tax rate decreases as the taxable amount increases.

Tax Cuts

Reductions in the amount of taxes imposed by a government on its citizens, often aimed at stimulating economic growth or achieving specific policy objectives.

Progressive Taxes

Taxation that takes a larger percentage of income from high-income earners than from low-income earners, aimed at reducing income inequality.

Ability-To-Pay Principle

The concept that taxes should be levied according to an individual's or entity's ability to bear them, typically resulting in higher earners paying more taxes.