Analysis of 2014 Taxation Returns in Australia

This report summarizes the statistical results of the 2014 taxation returns in Australia. The method of analysis includes use of descriptive statistics, graphs, hypothesis testing, and regression analysis. Results of data analyzed show that 65% of tax returns are lodged by males, while 35% are lodged by females. Furthermore, at a 5% level of confidence, the average taxable income for males is the same as that for females. In 2014, the average taxable income was $47,614. However, majority of the population received a taxable income of less than $30,000.