If a Model Contains Uncertain Outputs,it Can Be Very Misleading

question 36

Multiple Choice

If a model contains uncertain outputs,it can be very misleading to build a deterministic model by using the means of the inputs to predict an output.This is called the

• A)Law of Large Numbers.
• B)Flaw of Averages.
• C)Law of Inevitable Disappointment.
• D)Central Limit Theorem.

Understand the role of personal and standard deductions in determining taxable income.

Recognize the tax implications of dependency status and eligibility for exemptions.

Identify the forms and requirements for individual federal income tax returns.

Understand the implications of marital status on filing and exemptions.