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What Criteria Would You Use to Evaluate the Fairness of the State's

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Essay

What criteria would you use to evaluate the fairness of the state's tax structure? Explain why you chose those criteria and predict what such an evaluation would reveal about the fairness of the Texas tax structure.Based on that hypothetical evaluation, what changes in the tax structure (if any) would you recommend?


Definitions:

Normality Requirement

The assumption that the data or residuals in certain statistical models follow a normal distribution.

Parametric Test

A type of statistical test that assumes the underlying data has a specific distribution, often based on parameters like mean and standard deviation.

Wilcoxon Signed Rank Test

The Wilcoxon Signed Rank Test is a non-parametric statistical test for comparing two matched or paired samples to assess whether their population mean ranks differ.

Test Statistic

A calculated value from data that is used to test a hypothesis in the context of statistical analysis, helping determine the probability of observing the given data under the null hypothesis.

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