Estimates of Population Parameters, Standard Error, and Confidence Intervals Assume

question 46

Short Answer

Estimates of population parameters, standard error, and confidence intervals assume unbiased sampling. The foundation of unbiased sampling is the _______________.

---

Definitions:

Regressive

In taxation, regressive describes a tax that takes a smaller percentage of income as the income increases, often placing more burden on lower-income individuals.

Average Tax Rate

The average tax rate is the percentage of total income paid in taxes, calculated by dividing the total amount of taxes paid by the total income before taxes.

Taxable Income

The portion of an individual's or corporation's income that is subject to income tax after allowances, exemptions, and deductions.

Taxable Income

The portion of an individual's or corporation's income used as a basis to calculate how much they owe in taxes to the government.