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Determine whether the scatter plot below could best be modeled by a linear model, a quadratic model, an exponential model, a logarithmic model, or a logistic model.
High-Income Individuals
Persons with income levels significantly above the average, often subject to higher tax rates and financial strategies.
Schedule A
A form used in the U.S. to itemize deductions for taxes, including medical expenses, state and local taxes, and charitable contributions.
Personal Property Taxes
Taxes levied by local governments on the value of personal property such as vehicles, boats, and equipment.
FICA Taxes
Federal taxes required to be deducted from employees' wages for Social Security and Medicare, also paid in part by employers.
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