A Time Series Graph Is Useful for Which of the Following

question 59

Multiple Choice

A time series graph is useful for which of the following purposes?

• A) representing the changing frequencies of a data category over a period time
• B) representing the frequencies of the data, sorted from largest to smallest
• C) representing the cumulative frequencies of the data at a specific time
• D) representing relative frequencies of categories at a specific time

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Definitions:

Retirement Savings Contributions Credit

A tax credit also known as the "Saver's Credit," aimed at encouraging low- and moderate-income individuals to make retirement contributions.

Head of Household

A filing status for individual US taxpayers who are unmarried and pay more than half the cost of keeping up a home for themselves and a qualifying person.

American Opportunity Tax Credit

An allowance for authorized costs of education paid on behalf of a qualifying individual in the first four years of college or university.

Credit Phase-Out

A gradual reduction in the amount of a tax credit as a taxpayer's income surpasses certain threshold levels, until the credit is reduced to zero.