Match the Following Aggregate Functions with What They Compute

question 90

Essay

Match the following aggregate functions with what they compute:
I. Avg
II. Sum
III. Count
IV. Min
V. Max
A. Counts the number of values in a column
B. Average of a column
C. Returns the lowest value
D. Returns the highest value
E. Totals the items in a column

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Definitions:

Progressive Income Tax

A tax system where the tax rate increases as the taxable amount or income of the taxpayer increases.

Residential Property

Property designated for living or dwelling for individuals or families.

Regressive Tax

A tax system where the tax rate decreases as the taxpayer’s income increases, placing a higher relative burden on those with lower incomes.

Tax Schedules

Detailed charts or tables used by taxpayers to determine their tax obligations based on their income levels.