Emily Had the Following Transactions During 2016

question 122

Essay

Emily had the following transactions during 2016:
Salary
$90,000
Interest income on bonds-
Issued by City of Nashville
$4,000
Issued by Chevron Corporation
5,000
9,000
Alimony received
5,000
Child support received
20,000
City and state income taxes paid
(5,000)
Bank loan obtained to pay for car purchase
15,000
What is Emily's AGI for 2016?

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Definitions:

Sample Statistics

Figures that represent or summarize characteristics of a sample drawn from a larger population, including measures like mean, median, and standard deviation.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or parameter estimation.

Independent Populations

Populations in which the members or outcomes of one group do not influence or are not related to the members or outcomes of another group.

Equal Variances

An assumption in some statistical tests that the variances in the groups being compared are similar.