On November 17, 1991, the Home News of central New Jersey used the bar chart given here
Question:
On November 17, 1991, the Home News of central New Jersey used the bar chart given here to show that foreign investors are taxed at a lower rate than the US citizens.
(a) Construct a table to show frequency, relative frequency, and cumulative frequency.
(b) Draw a frequency polygon and a cumulative frequency polygon.
Transcribed Image Text:
Foreign investors get big tax breaks on money made in the U.S. 1988 tax rates, in percent. *$30,000 to $40,000 .76 BEFORE 1990066 Finland Singapore. Taiwan Kuwait Neth. Antilles 14 United Arab Emirates Belgium Saudi Arabia Netherlands An American taxpayer earning $30,000 to $40,000 paid $3,708... 6.06 Italy. France Canada Rate for middle- income* U.S. taxpayers: 10.7% Japan. Great Britain Spain Cayman Islands ... If taxed at the same rate, granted Kuwaiti investors in the U.S.. the American would have paid just $454
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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