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Statistics - Bivariate Regression

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In the following regression, x = weekly pay, y = income tax withheld and n = 35 McDonalds 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 alpha = .05
c) what is your conclusion about the slope?
d) interpret the 95 percent confidence limits for the slops
e) verify that F=t2 (squared) for the slope
f) describe the fit of this regression

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Solution Summary

Bivariate regression in statistics is examined. A complete, neat and step-by-step solution is provided in the attached file.

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12.48 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) ...

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