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Which of the following is true of the binomial distribution?
Lifetime Learning Credits
A tax credit available in the United States to offset higher education expenses, applicable to an unlimited number of tax years.
American Opportunity Tax
A credit offered to first four years of higher education expenses, providing a tax break to defray the costs of tuition and related expenses.
Education Expenses
Costs associated with education, such as tuition fees, textbooks, and other school-related expenses, which may be eligible for tax deductions or credits.
Elderly
A categorical term used to describe individuals who are advanced in age, typically those who are aged 65 or older.
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