Corporations Have a Larger Standard Deduction Than Individual Taxpayers Because

question 1

True/False

Corporations have a larger standard deduction than individual taxpayers because they generally have higher revenues.

---

Definitions:

Mann-Whitney Test

A nonparametric test used to assess whether there is a significant difference between two independent samples, an alternative to the t-test when certain assumptions are not met.

Sign Test

A non-parametric test used to determine if there is a significant difference between the median of two dependent samples.

Two-sample T-test

A statistical method to determine if there is a significant difference between the means of two groups, which may have different variances.

Wilcoxon Signed Rank

The Wilcoxon Signed Rank test is a nonparametric statistical test used to compare two related samples to assess whether their population mean ranks differ.