The Sales Tax Is Generally Considered to Be a Regressive

question 118

True/False

The sales tax is generally considered to be a regressive tax.

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Definitions:

Population Mean

The average value of a characteristic in the entire population being studied.

Standard Deviation

A metric indicating the extent of difference or scattering among a series of figures.

Variability

The measure of how much data points in a set diverge from the average or mean value, indicating the spread or dispersion of the dataset.

Standard Deviation

A measure that is used to quantify the amount of variation or dispersion of a set of data values.