Instructions: Identify the Following

question 39

Short Answer

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Demobilization

Apply the concept of standard deviation to insurance and business profit models.

Utilize formulas for the mean and standard deviation to solve practical problems involving multiple independent variables.

Derive and apply the formula for the standard deviation of a random variable defined by a linear transformation.

Analyze the distribution of outcomes in probability scenarios to calculate expected values and variability.

---

Definitions:

Regressive Tax

A tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases, disproportionately affecting low-income earners.

General Sales Taxes

A tax imposed on sales transactions, usually calculated as a percentage of the sales price and collected by the seller at the point of purchase.

Personal Income Taxes

Taxes levied on the income of individuals, typically graduated so that higher income levels are taxed at higher rates.

Progressive

Describes a tax system where the tax rate increases as the taxable base amount increases, typically aimed at reducing income inequality.