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