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TABLE 3-4
The ordered array below represents the number of cargo manifests approved by customs inspectors of the Port of New York in a sample of 35 days:
16, 17, 18, 18, 19, 20, 20, 21, 21, 21, 22, 22, 22, 22, 23, 23, 23, 23, 24, 24, 24, 25, 25, 26, 26, 26, 27, 28, 28, 29, 29, 31, 31, 32, 32
Note: For this sample, the sum of the values is 838, and the sum of the squared differences between each value and the mean is 619.89.
-Referring to Table 3-4, the median of the customs data is ________.
Taxable Income
The portion of income used to calculate how much the income tax is owed to the government, after exemptions and deductions are factored in.
Publicly-traded Domestic Corporation
A company registered in the U.S. that sells its stocks to the public on at least one stock exchange.
DRD
Dividends-Received Deduction, a tax deduction received by a company for the dividends it gets from its investments in other companies.
AMT
The Alternative Minimum Tax, a parallel tax system in the United States designed to ensure that individuals and corporations pay at least a minimum amount of taxes.
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