Examlex
The level of satisfaction ("Very unsatisfied","Fairly unsatisfied","Fairly satisfied",and "Very satisfied")in a class is an example of an ordinal scaled variable.
Starting Wage
The initial salary offered to an employee by an employer when they begin a new job.
Excise Taxes
Taxes imposed on specific goods, such as tobacco and alcohol, either as a fixed amount per unit or as a percentage of the price.
Regressive
Relating to a tax system that disproportionately impacts those with lower incomes, or to policies that may reverse political or social progress.
Regressive Tax
A tax imposed in such a way that the tax rate decreases as the taxable amount increases, disproportionately affecting lower-income individuals.
Q12: The t test for the mean difference
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