Time-Probability Graph
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Income is quantitative
You calculate the income for each household. This is the sum of the incomes of all members of the household. The median is the value of household income such that 50% of households have a higher income and 50% have a lower income.
Income is discrete. People can have only a finite number of possible income values.
a double line graph is a graph that is same as a line graph but there are two lines
it is rising
A graph comparing the income a consumer makes over a lifetime with the expenses over a lifetime.
No.
No.
time-probability profile:)
graph
No.
A Time-Probability Profile- NovaNet :]]
Time Probability Profile NovaNet
The answer depends on what is being compared: the income of the same consumer at different stages of their life or the income of a consumer compared with other consumer.
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'Income Statement' is the financial statement which compares the business incomes with its expenses using matching principle for specific period of time