In Order to Obtain the Maximum Credit Allowed Against the Federal

question 90

True/False

In order to obtain the maximum credit allowed against the federal unemployment tax, the employer must have paid its SUTA contributions by the due date of Form 940.

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Definitions:

Central Limit Theorem

A statistical theory stating that the sampling distribution of the sample mean of any independent, random variable will approximate a normal distribution, given a sufficiently large sample size.

Sampling Distribution

A sampling distribution is a probability distribution of a statistic obtained through a large number of samples drawn from a specific population, used to infer properties of the population.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, showing how much each value in the set varies from the mean.

Sampling Distribution

The probability distribution of a given random-sample-based statistic.