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?

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The Answer of 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?

Suppose That a State Introduces a State Income Tax Which