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Jacob is single with no dependents. During 2015, Jacob has $110,000 of taxable income. He has $38,000 of positive AMT adjustments and $22,000 of tax preferences. Jacob does not itemize his deductions but takes the standard deduction. Calculate Jacob's AMTI.
Frequency Polygon
A graphical representation of the distribution of a dataset that shows how often each value occurs, connecting the middle of each interval.
Histogram
A graphical representation of the distribution of numerical data, often displaying the frequency of data points within specified intervals.
Ordinal Level
A measurement scale that organizes data into categories that are ranked or ordered based on some criteria.
Class Interval
The range of values within which data points are grouped together in the creation of a frequency distribution.
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