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The Level of Satisfaction ("Very Unsatisfied","Fairly Unsatisfied","Fairly Satisfied",and "Very Satisfied")in

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The level of satisfaction ("Very unsatisfied","Fairly unsatisfied","Fairly satisfied",and "Very satisfied")in a class is an example of an ordinal scaled variable.


Definitions:

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.

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