1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VMariaS [17]
3 years ago
10

Suppose that a state introduces a state income tax which will be at a flat rate of 3%. The state legislature wishes to estimate

how much money they will receive in taxes, and to do this they need to know the average income of residents of the state. Which information would be most useful, the mean income, the median income, or the mode of the incomes? Why?
Mathematics
1 answer:
Greeley [361]3 years ago
8 0

Answer:

The mean income is more useful

Step-by-step explanation:

If you know the mean income, then you can obtain the total income by multiplying for the total population. Once you know the total income, you can deduce the amount of money collected by multiplting the total income by 0.03.

Knowing the median income does only help you so much. The mediam income is only a parameter that says that 50% of the population earn less than that. However, if you dont know how much the richer people earn, you cant deduce how much from taxes will you collect. For a simplified example, the sets A = {1,3,18} and B = {1,3,4} have the same median, 3. however A sums a total of 22, while B only sums 8.

The mode of income alone is also not enough. Again, You can have a lot of salaries ranging from similar values, but if you dont know the exact value of other clusters of salaries, specifically the biggest ones, you will lack a lot of information. As a simplified example, the Sets A = {1,3,3,3,3,3,3, 7, 7,7} and B = {1,3,3,3,3,3,3,3,3,75} have both of them 3 as the most frequent number, however A has a mean of 4, while B has a mean of 10, despite having only 1 mayor cluster of numbers.

Is short, the mean is the bets way to determine the amount of rax collection, because it puts more realistic '<em>weights</em>' on higher income, and because it lets you obtain exact results for the total amount of income.

I hope this helped you!

You might be interested in
Jenny has c charms on her bracelet. Her older sister has 5 more charms than Jenny. Write an expression that shows how many charm
Svetradugi [14.3K]
Answer-

C + 5 = x

C showing how many charms Jenny has on her bracelet.
5 for the number of how many more her sister has.
X for the final sum.
5 0
2 years ago
Find the values for each function for x = 0,1,2,3, and 4. Analyze the pattern in the outputs to determine if the sequence is ari
Nina [5.8K]
The pattern is you add 2 for each number... That's A :)
8 0
3 years ago
Help pleasseeeee ! 15 points<br><br> the answers are<br> (-1,-5)<br> (0,-3)<br> (4,5)<br> (9,15)
svet-max [94.6K]

Answer:

(0,-3)

Step-by-step explanation:

2x-y = 3

x+2y = -6

Multiply the first equation by 2 so we can eliminate y

2(2x-y =3)

4x -2y = 6

Add this to the second equation

4x -2y = 6

x+2y = -6

-----------------

5x +0y = 0

x = 0

Now find t

x+2y = -6

0+2y = -6

2y =-6

Divide by 2

y = -3

5 0
3 years ago
Read 2 more answers
Solve for x, y and z. PLEASE SOLVE ASAP I WILL GIVE 50 POINTS
Stells [14]

Answer:

x = 27/5

y = 48/5

z = 36/5

7 0
3 years ago
Which of the following is an equivalent form of the compound inequality −33 &gt; −3x − 6 ≥ −6?
djyliett [7]

Answer:

-3x-6 < -33  and -3x-6 \geq -6

Step-by-step explanation:

we have

-33 > -3x-6 \geq -6

we know that

Compound inequality can be divided into two inequalities

so

-33 > -3x-6

rewrite

-3x-6 < -33

and

-3x-6 \geq -6

therefore

An equivalent form of the compound inequality is

-3x-6 < -33  and -3x-6 \geq -6

6 0
3 years ago
Other questions:
  • Solve the equation for x.
    13·2 answers
  • Divide -3x3 - 2x2 - x - 2 by x – 2.
    9·2 answers
  • Lou​'s car had 5.1 gallons in the 13​-gallon tank on the coldest day of the year. Lou filled the tank with gas that cost ​$3.70
    11·1 answer
  • You are graphing Rectangle ABCD in the coordinate plane. The following are three of the vertices of the rectangle: A (2,1), B (5
    11·1 answer
  • What is the equation for this graph?
    8·1 answer
  • Need to know this answer !!!!
    7·1 answer
  • WILL GIVE BRAINLIEST, EXTRA POINTS, THANK YOU, AND STARS!!!
    15·1 answer
  • CAN SOMEBODY HELP MEEEE I AM SO BAD AT MATH 5 to the power for 7 times 15 minus 8 minus 5
    12·2 answers
  • Write an improper fraction using the following criteria:
    11·2 answers
  • A dance teacher asks, "How many students are enrolled in the Saturday morning class this term?"
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!