Examlex
If there are 120 values in a data set, how many classes should be created for a frequency histogram?
Proportional
Describes a relationship where changes in one variable cause changes in another variable at a constant ratio or rate.
Average Tax Rate
The ratio of total taxes paid to total income, representing the overall percentage of income that is taken by taxes.
Marginal Tax Rate
The rate at which the last dollar of a taxpayer's income is taxed, indicating how much of any additional income will be taken in taxes.
Marginal Tax Rate
The percentage of tax applied to the last dollar earned, reflecting the rate at which each additional dollar of income is taxed.
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