In 2014 the Standard Deduction for a Married Taxpayer Filing

question 134

Multiple Choice

In 2014 the standard deduction for a married taxpayer filing a joint return and who is 67 years old with a spouse who is 65 years old is

• A)$12,400.
• B)$13,600.
• C)$14,800.
• D)$15,500.

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Definitions:

Random Sample

A group of people selected from a broader population, where every person has the same probability of being chosen.

Sign Test

A nonparametric test used to determine if there is a median difference between two paired samples.

Matched Pairs

An experimental design technique where each treatment is given to two subjects that are as closely matched as possible, or to the same subject under different conditions.

P-value

The p-value is a statistical measure indicating the probability of observing test results at least as extreme as those observed, assuming the null hypothesis is true.