The Reference Base Is the Number of Respondents or Observations

question 43

True/False

The reference base is the number of respondents or observations (in a row or column) used as a basis for computing percentages in a cross-tabulation.

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Definitions:

Inflationary Condition

An economic situation characterized by an increase in prices and a decrease in the purchasing value of money.

Gross Income

The total income earned by an individual or organization before any deductions, such as taxes or expenses, are applied.

U.S. Census Bureau

A key institution in the U.S. Federal Statistical System that creates statistical data on the American population and economic activities.

Disposable Income

The total funds available to households for saving and spending after subtracting income taxes.