Compute the Range of a Variable from Raw Data
- $24,39,20,43,59$

question 155

Multiple Choice

Compute the Range of a Variable from Raw Data
- $24,39,20,43,59$

• A) 39
• B) 59
• C) 20
• D) 37

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Definitions:

Disposable Income

The money that remains for savings and expenses after income tax deductions from a person's or family's earnings is the disposable income.

APS

Average Propensity to Save, the proportion of total income that is saved by a household or economy.

Saving

The act of setting aside a portion of income for future use, typically in a bank account or other secure investment.

Disposable Income

Resources meant for household spending and saving once income tax obligations are settled.