Examlex
The chi-square test of a contingency table is used to determine if there is enough evidence to infer that two nominal variables are related, and to infer that differences exist among two or more populations of nominal variables.
Percentage Of Income
A measure or calculation that represents a portion of a person's income.
Average Tax Rate
The ratio of the total amount of taxes paid to the total tax base (income, spending, etc.), indicating the percentage of total income or spending that is paid in taxes.
Marginal Tax Rate
The marginal tax rate is the rate at which the last dollar of income is taxed, reflecting the proportion of additional income that is paid in taxes.
Progressive Tax
A tax system where the tax rate increases as the taxable amount or income goes up, making it proportionately higher for wealthier individuals or entities.
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