Choose the Word or Phrase in [ ] Which Will

question 74

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement.Select "a" for the first item,"b" for the second item,and "c" if neither item will correctly complete the statement.
-The average income of household heads increase until age [54 | 64] then income starts decreasing.

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Definitions:

Midpoint

The value that lies exactly in the middle between the highest and lowest values of a data set, often used in the calculation of class intervals.

Equal Share

A concept where a total amount or resource is divided equally among the participants or entities involved.

Measure Of Variability

A statistical metric used to describe the spread or dispersion of a set of data points.

Midrange

The midpoint of the range of a set of values, calculated by averaging the maximum and minimum values.