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The coefficient of determination, r², ranges from:
Government Dollar
Currency issued by a country's government, representing the medium of exchange accepted for transactions and as payment for debts.
Standard Deduction
A preset reduction in taxable income on a federal income tax return, not requiring itemization of individual deductions.
Taxable Income
The sum of money that determines the tax liability of a person or business to the government, following the subtraction of deductions and exemptions.
Average Tax Rate
The fraction of total income that is paid as taxes, calculated by dividing the total tax paid by the total income.
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