Charlie Is Claimed as a Dependent on His Parents' Tax

question 22

Multiple Choice

Charlie is claimed as a dependent on his parents' tax return in 2017.He received $8,000 during the year from a part-time acting job,which was his only income.What is his standard deduction?

• A)$1,050
• B)$6,350
• C)$8,000
• D)$8,350

---

Definitions:

Standard Deviation (σ)

A measure of the amount of variation or dispersion of a set of values; a low standard deviation indicates that the values tend to be close to the mean, while a high standard deviation indicates that the values are spread out over a wider range.

Mean (μ)

The average of a set of numbers, calculated by dividing the sum of these numbers by the count of numbers in the set.

Standard Deviation (σ)

An indicator that evaluates the degree of scatter or inconsistency of data points around the mean of the dataset.

Normal Model

A statistical model that assumes the data follow a normal (Gaussian) distribution.