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The data on the ranks assigned to a random sample of students in a competitive exam based on scores and three different statuses are given below:
a. Create a parallel coordinates plot using XLMiner for these data. Include vertical axes for the name, score, and rank. Color the lines by the type of status.
b. According to the parallel coordinates plot, how are disable veterans differentiated from veterans?
Libertarians
Individuals who advocate for minimal government intervention in personal and economic matters, emphasizing individual liberty and the free market.
Redistribution of Income
The transfer of income from certain individuals or groups to others through mechanisms like taxes and social security payments, aiming to reduce economic inequality.
Utilitarians
Individuals or philosophers who believe that the best action is the one that maximizes utility, often defined as maximizing happiness and reducing suffering.
Sum of Utilities
The aggregate measure of satisfaction or benefit that individuals get from consuming goods and services.
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