Which of the Following Is an Accurate Statement About the American

question 9

Multiple Choice

Which of the following is an accurate statement about the American Opportunity Credit and the Lifetime Learning Credit?

• A)They are education credits you can deduct from your taxable income.
• B)They are education credits you can subtract in full from your federal income tax.
• C)They are credits earned through job training programs that can be applied toward degrees at any public university.
• D)They are credits earned through life experiences that can be applied toward degrees at any public university.

---

Definitions:

Special Causes

Unusual or non-random factors that cause variation in a process, distinguished from common causes that are inherent to the process.

Quantitative Sample Statistic

A numerical measurement that describes an attribute of a sample of a population.

Statistical Quality Control

A method of using statistical methods to monitor and control a process to ensure that it operates at its full potential to produce conforming product.

Control Limits

The boundaries in control charts that distinguish between normal and abnormal variations of the process being monitored.