[Steps Shown] In the following regression, X = weekly pay, Y = income tax withheld, and n = 35 McDonald’s employees. Write the fitted regression equation.


Question: In the following regression, X = weekly pay, Y = income tax withheld,

and n = 35 McDonald’s employees.

  1. Write the fitted regression equation.
  2. State the degrees of freedom for a twotailed test for zero slope, and use Appendix D to find the critical value at α = .05.
  3. What is your conclusion about the slope?
  4. Interpret the 95 percent confidence limits for the slope.
  5. Verify that F = t 2 for the slope.
  6. In your own words, describe the fit of this regression.

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