The Transformation of Raw Data into a Form That Makes

question 72

Multiple Choice

The transformation of raw data into a form that makes the data easier to understand and to interpret is called:

• A)descriptive analysis
• B)outlier analysis
• C)computer mapping
• D)creating a box and whisker plot

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Definitions:

FICA Tax Rate

The percentage of social security and Medicare taxes that both employees and employers must pay, based on wages paid.

Wage Bracket

A range or category of income levels used to calculate tax withholdings or determine pay scales based on earnings.

Withholding Table

A chart or table used by employers to determine the amount of tax to withhold from an employee's paycheck based on earnings and tax status.

Interest-Bearing Note

A debt instrument that pays interest to the holder at a fixed or variable rate over a specified period.