Chuck has AGI of $70,000 and has made the following payments:
Calculate the amount of taxes that Chuck can include with his itemized deductions.
Definitions:
Pearson Correlation
A measure of linear correlation between two variables, ranging from -1 to 1, where 1 means a perfect positive linear relationship, -1 means a perfect negative linear relationship, and 0 indicates no linear relationship.
Non-Directional
Refers to a hypothesis that predicts a change or difference but does not specify the direction of the change.
Sample Size
The number of observations or data points collected from a subset of a larger population for the purpose of statistical analysis.
Pearson Correlation
A measure of the linear correlation between two variables, showing how closely the data fit to a line.
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