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There is a high correlation between the number of Americans who pay income tax in the month of April and the number of swim suits sold what is the best description of this?
Wiki User
∙ 12y ago
it is an indirect relationship
Wiki User
∙ 12y ago
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How much will your tax return be after you buy a house?
The tax you pay is based on your " Net relevant earnings ." In other words your gross income before any deductions. Buying a property has no correlation with your income tax.
Difference between income tax act and income tax rule?
The income tax act focuses its concern on total income and the income tax rule focuses on which types of income are taxable. That is the biggest difference between the two.
Difference between gross income and net income?
JLJLHLHLHIIH
What is the difference between income tax expense and income tax payable?
Income statement & balance sheet.
How do African-Americans pay in taxes annually?
The same tax rate as white Americans! Depends on your income bracket. And no, not all Blacks are on welfare!
If the correlation between income level and charitable giving is 0.82 what is relationship between income and donations to charities?
Strong and positive
If the correlation between income level and charitable giving is 0.82 the relationship between income and donations to charities is?
Strong and positive
Study a sample of 100 high school students and find that student IQ scores increase signigiantly as the level of reported parental income increases you can conclude from this that?
there is a positive correlation between parental income and children's IQ scores
What is the lorenz curve and what dose is suggest about the distribution of income on the us?
the Lorenz curve is the curve that illustrates income distribution, the curve states that there is a big income gap between Americans for many reasons: differences in skills and education, inheritances, and field of work. the wealthiest fifth Americans households earned nearly as much income as the four- fifths combined.
What is the negative correlation between literacy and income?
One would think that literacy (ability to read) would improve ones chances to work at better paying jobs, so a positive correlation would result. That is the conclusion of the web link I provided. I do not claim it to be impartial, as it is from a website that promotes literacy. I don't have know of a study that concludes there is a negative correlation. If illiteracy percentages are calculated and then compared to per capita GDP for particular country, a negative correlation could result.
What is the relationship between literacy rate and average income per capita?
There is a positive correlation between literacy rate and average income per capita. Generally, higher literacy rates lead to increased economic opportunities and higher income levels for individuals and communities. Literacy skills enable individuals to access better job opportunities, participate in economic activities, and contribute to overall economic growth.
What type of research could allow you to determine whether students' grades accurately predict later income?
Correlation
What portion of total income earned by Americans is unearned income or income other than earned income?
Mmhg
What percent Americans make over 350000 a year?
Breaking it down from State to State via IRS on Income= .07% of Americans turned in Income over 350,000.00 Dollar Income.
What does ''highly correlated'' mean?
Correlation is defined as the degree of relationship between two or more variables. It is also called the simple correlation. The degree of relationship between two or more variables is called multi correlation. when two or more variables are said to be higjly correlated it means that they have a strong relationship such that a given rise or fall in one variable will lead to a direct change in the other variable or variables. good examples of highly correlated variables are price and quantity, wage rate and out put, tax and income.
How is discretionary income calculated?
Discretionary income is calculated by taking your gross income minus your expenses and what you are left with is discretionary income. Most Americans do not have a large amount of discretionary income.
How did the median income if African American men and women change during the civil rights movement?
During the civil rights movement, the median income of African American men and women increased, although the progress was gradual. Legal protections and expanded educational opportunities helped to narrow the income gap between African Americans and white Americans. However, significant disparities still persisted, highlighting the ongoing challenges faced by African Americans in achieving economic equality.
