Completely Stumped! Help appreciated!
Question 12.48 - Applied Stats in Business & Economics
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 twotailed
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.