In the following regression, X = weekly pay, Y = income tax withheld, and n = 35 McDonald’s employee
Question: In the following regression, X = weekly pay, Y = income tax withheld, and n = 35 McDonald’s employees. (a) Write the fitted regression equation. (b) State the degrees of freedom for a two-tailed test for zero slope, and use Appendix D to find the critical value at α = .05. (c) What is your conclusion about the slope? (d) Interpret the 95 percent confidence limits for the slope. (e) Verify that F = t2 for the slope. (f) In your own words, describe the fit of this regression.
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Solution: The solution consists of 2 pages
Deliverables: Word Document![](/images/msword.png)
Deliverables: Word Document
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