Which of the Following Best Explains the Reason for Continued

question 88

Multiple Choice

Which of the following best explains the reason for continued public support for Social Security?

• A)Social Security provides funds to only those people whose income falls below a certain level when they retire.
• B)Social Security provides funds to retirees who paid in to the system,and it serves as a safety net to reduce poverty among seniors.
• C)Social Security provides options for seniors to invest in private markets to supplement retirement income.
• D)Social Security provides health care coverage to all seniors when they retire.

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Definitions:

Descriptive Statistics

Statistical methods that summarize or describe a collection of data using measures such as mean, median, and mode.

Population Parameters

Quantitative characteristics or metrics of a population, such as mean, variance, or standard deviation.

Data Vary

This term indicates that data points can differ from each other across a set of data, showing variability or divergence.

Measure of Dispersion

A statistical parameter that describes the spread or variability of a distribution around its central measure (such as mean or median).