During One Winter Quarter at Frozen U

question 114

Multiple Choice

During one winter quarter at Frozen U., snow falls every Friday night.Students assume that, on their campus, Fridays cause snow.This hypothesis

• A)should more properly be considered a theory.
• B)assumes that correlation implies causation.
• C)assumes that causation implies correlation.
• D)reflects the fallacy of composition.

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Definitions:

Federal Income Taxes

Taxes levied by the U.S. federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Itemized Deduction

involves subtracting eligible expenses from one's taxable income, instead of taking the standard deduction. These expenses are listed out or itemized on the tax return.

Schedule A

An IRS form used for itemizing deductions such as medical and dental expenses, taxes paid, interest paid, gifts to charity, and casualty and theft losses.

Qualified Residence

A primary or secondary home that meets certain IRS criteria, allowing for potential mortgage interest deductions.