A Relative Frequency Distribution Describes the Proportion of the Data

question 80

True/False

A relative frequency distribution describes the proportion of the data values falling within each class, and may be presented in a histogram form.

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Definitions:

FICA Taxes Payable

Amounts owed by employers and employees for Social Security and Medicare, based on the Federal Insurance Contributions Act.

State Unemployment Taxes

Taxes imposed on the employer by states that provide benefits to employees who lose their jobs.

Employee's Withholding

The portion of an employee's wages withheld by the employer for payment of taxes and other deductions.

Federal Unemployment Tax

A United States federal tax imposed on employers to fund state workforce agencies. Employers pay this tax to the Internal Revenue Service (IRS) to cover the costs of unemployment compensation to workers who have lost their jobs.