What Class Percentage Corresponds to a Class Relative Frequency of .37

question 153

Multiple Choice

What class percentage corresponds to a class relative frequency of .37?

• A) 37%
• B) .37%
• C) .63%
• D) 63%

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Definitions:

Sales Tax

A tax imposed by a government on sales of goods and services, collected by the retailer and passed on to the government.

Tax System

The structured way in which taxes are imposed in a country, including the collection of taxes from individuals and businesses.

Progressive

Referring to a tax system in which the tax rate increases as the taxable amount increases, leading to higher earners paying a higher percentage of their income in taxes.

Regressive

A term often used to describe a tax system where the tax rate decreases as the taxable amount increases, effectively placing a greater burden on those with lower incomes.