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In Statistics, One Way of Showing the Range of Values

question 14

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In statistics, one way of showing the range of values and their frequency is by showing a mean value.


Definitions:

Health Care

The organized provision of medical services to individuals or communities.

Medical Services

Professional care or treatment provided by doctors and other health professionals to maintain or improve health.

Marginal Tax Rate

The additional tax liability a person faces divided by his or her additional taxable income. It is the percentage of an extra dollar of income earned that must be paid in taxes. It is the marginal tax rate that is relevant in personal decision-making.

Tax Liability

The total amount of taxes an individual or organization is legally obligated to pay to a taxation authority.

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