Identify Which of the Following Statements Is True

question 16

Multiple Choice

Identify which of the following statements is true.

• A)If a taxpayer fails to file a return, the statute of limitations is extended to 10 years.
• B)If a couple files a joint return but only one spouse had income, only the spouse with income is responsible for paying any tax due.
• C)Joint and several liability means that each spouse is potentially liable for the full amount of tax due.
• D)All of the above are false.

---

Definitions:

Sampling Distribution

The probability distribution of a given statistic based on a random sample, underlying the principle of estimation in inferential statistics.

Mean

The arithmetic average of a set of numeric values, calculated by adding all the values together and dividing by the number of values.

Infinite Population

A theoretical or practical concept where the population size approaches infinity, making it impractical or impossible to study every individual in the population.

Standard Deviation

A metric assessing how greatly a collection of numbers diverges from their average value, reflecting the range of difference from the mean.