A Relative Frequency Curve Having a Long Tail to the Right

question 78

Multiple Choice

A relative frequency curve having a long tail to the right is said to be ___________.

• A) skewed to the left
• B) normal
• C) a scatter plot
• D) skewed to the right

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Definitions:

Progressive

A term often used to describe a tax system where the rate increases as the taxable amount increases, typically aimed at reducing income inequality.

Regressive

A characteristic of a tax system where the tax rate decreases as the taxable amount increases.

Tax Cuts

Reductions in the amount of taxes imposed by a government on its citizens, often aimed at stimulating economic growth or achieving specific policy objectives.

Progressive Taxes

Taxation that takes a larger percentage of income from high-income earners than from low-income earners, aimed at reducing income inequality.