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Jeffery and Cassie,who are married with modified AGI of $90,000,are sending their son to his first year of college.Their total tuition and related payments during 2015 amounted to $5,500.They have not taken advantage of any other type of tax benefit related to educational expenses.Their American Opportunity Tax Credit for 2016 is
Two-Tailed
A statistical test where the critical area of a distribution is two-sided and tests whether a sample is either greater or less than a certain range of values.
Negative Number
A real number that is less than zero, indicating a direction opposite to positive numbers.
Null Hypothesis
A type of hypothesis used in statistics that proposes there is no statistical significance between two variables, or that a statement of no effect or no difference will be true.
Two-Tailed
In hypothesis testing, it refers to the methodology that considers both directions of a possible effect, allowing for investigation of deviations in two opposite directions from the null hypothesis.
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