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George and Erin divorced in 2020, and George is required to pay Erin $20,000 of alimony each year.George earns
$75,000 a year.Erin is required to include the alimony payments in gross income although George earned the income.
Normal Distribution
A bell-shaped distribution that is symmetrical about the mean, describing how the values of a variable are spread or distributed.
Mean
A statistical measure representing the central or typical value in a set of data, often understood as the common "average".
Normally Distributed
A type of distribution in which the data points are symmetrically distributed around the mean, forming a bell-shaped curve.
Standard Deviation
A measure of the dispersion or variability within a set of numerical data, indicating how much individual data points differ from the mean.
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