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What Effect Would a Tax on Petrol Have

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What effect would a tax on petrol have?


Definitions:

Frequency Table

A tabular representation of the number of occurrences of each distinct value in a dataset.

Proportions

A statistical measure expressing the relationship of a part to the whole, typically represented as a fraction or percentage.

Rejection Region

The range of values in hypothesis testing outside of which the null hypothesis is rejected in favor of the alternative hypothesis.

Categorical Variables

Categorical variables are qualitative variables that can take on different categories, but which do not have a natural order or ranking.

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