Using the Data Set Below,answer the Questions That Follow -What Is the Range?
A)50
B)76
C)29
D)63

question 27

Multiple Choice

Using the data set below,answer the questions that follow.
$$\begin{array} { c c c } \text { Score } & \text { Tally } & \text { Frequency } \\76 & 11111 & 5 \\72 & 1 & 1 \\69 & 1 & 1 \\68 & 11 & 2 \\67 & 1 & 1 \\52 & 1 & 1 \\51 & 1 & 1 \\50 & 1 & 1\end{array}$$
-What is the range?

• A)50
• B)76
• C)29
• D)63

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Definitions:

Deadweight Loss

The shortfall in economic efficiency arising when a market for a good or service does not meet or cannot meet the equilibrium point.

Excise Tax

A specific tax levied on the sale of a particular good or service, often included in the price of products like gasoline, alcohol, and tobacco.

Ability-To-Pay

A principle of taxation that suggests taxes should be levied based on the taxpayer's ability to bear the financial burden.

Regressive Tax

A tax that takes a smaller share of the income of high-income taxpayers than of low-income taxpayers.