Flashcards : Understanding Income Distributions — 2 cartes

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1Question

Income histogram — purpose?

Réponse

Shows frequency of income intervals.

2Question

Log income — effect?

Réponse

Compresses high-income spread visually.

Testez vos connaissances avec un QCM de 4 questions sur Understanding Income Distributions.

1. What does an income histogram display on its axes for European incomes in the standard version?

2. How does a log-income histogram differ from a standard income histogram?

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