Examlex
A taxpayer who always claims the standard deduction (i.e., does not itemize his or her deductions from AGI) may still be able to receive a tax benefit from any education expenses incurred.
Sample Size
The number of observations or data points that are selected from a population for analysis in a study.
Nominal Specification
A detailed description of product or project requirements, including characteristics and constraints, that a solution must meet.
Expected Value
The average of all possible outcomes of a random variable, weighted by their probabilities.
Target Value
A specific, planned value for a variable or outcome that a process aims to achieve.
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