Define Modality and Mode and Roughly Sketch a Unimodal, Bimodal

question 32

Essay

Define modality and mode and roughly sketch a unimodal, bimodal, and trimodal distribution.

---

Definitions:

Tax Revenue

The income that is collected by governments through taxation, which supports public spending and services.

Government

The organization, or system by which a community or nation is governed, responsible for creating and enforcing laws.

Consumer Surplus

The offset between what customers are willing and able to pay for a service or product and what they actually expend.

Consumer Surplus

The distinction between the ideal spending amount of consumers on a good or service and their actual expenditure.