Are All Personal Expenses Disallowed as Deductions in 2018

question 64

Essay

Are all personal expenses disallowed as deductions in 2018?

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Definitions:

Multiple Linear Regression

An analytical approach that leverages various predictor variables to determine the outcome of a target variable.

Regression Analysis

A statistical method for estimating the relationships among variables, typically one dependent variable and one or more independent variables.

Categorical Data

Data that can be sorted into categories based on qualitative properties or attributes, such as names or labels.

Numerical Data

Information that can be measured or counted and represented in numbers and values.