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What is the probability that the number of customers who arrive at this checkout counter in a given hour will be between 30 and 35 (inclusive)?
Regressive Tax System
A tax system where the tax rate decreases as the taxable amount increases, placing a higher burden on lower-income individuals.
Taxpayers
Individuals or entities that are required to make payments to the government based on income, property, goods, and services.
Marginal Tax Rate
The rate at which the last dollar of a taxpayer’s income is taxed, indicating the percentage of additional income that will be taxed.
Average Tax Rate
The portion of total income that is paid as taxes, calculated by dividing the total amount of taxes paid by the total income.
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