In the following regression, X = weekly pay, Y = income tax withheld, and n = 35 McDonald's employees.       R2 0.202 Std. Error 6.816 n 35     ANOVA table Source SS df MS F p-value Regression   387.6959     1     387.6959     8.35     .0068   Residual   1,533.0614     33     46.4564               Total   1,920.7573     34                         Regression output confidence interval variables coefficients std. error t Stat p-value Lower 95% Upper 95% Intercept   30.7963     6.4078     4.806     .0000     17.7595     43.8331   Slope   0.0343     0.0119     2.889     .0068     0.0101     0.0584       (a) Write the fitted regression equation.    YˆY^ =  +  X   (b-1) 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. (Round t.025 to 3 decimal places.)    Degrees of freedom   t.025     (b-2) Choose the correct option for H0: β1 = 0 vs H1: β1 ≠ 0.    multiple choice 1 Reject the null hypothesis if tcalc < -2.035 or if tcalc > -2.035 Reject the null hypothesis if tcalc > 2.035 or if tcalc < -2.035   (c-1) Calculate t. (Round your answer to 3 decimal places.)    tcalc               (c-2) We reject the null hypothesis.    multiple choice 2 No Yes   (d-1) Find the 95% confidence interval for slope. (Round your answers to 4 decimal places.)    Confidence interval is from    to     (d-2) The confidence interval does not contain zero, which implies    multiple choice 3 there is a relationship between weekly pay and income tax withheld. there is no relationship between weekly pay and income tax withheld.   (e) Calculate t2 and F. (Round your answers to 2 decimal places.)   t2   Fcalc     (f-1) Calculate R2. (Round your answer to 3 decimal places.)    R2               (f-2) What is the percentage of variation in income tax withheld explained by weekly pay? (Round your answer to the nearest whole number.)    Percentage of variation  %

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

In the following regression, X = weekly pay, Y = income tax withheld, and n = 35 McDonald's employees.
 

   
R2 0.202
Std. Error 6.816
n 35
 

 

ANOVA table
Source SS df MS F p-value
Regression   387.6959     1     387.6959     8.35     .0068  
Residual   1,533.0614     33     46.4564              
Total   1,920.7573     34                    
 

 

Regression output confidence interval
variables coefficients std. error t Stat p-value Lower 95% Upper 95%
Intercept   30.7963     6.4078     4.806     .0000     17.7595     43.8331  
Slope   0.0343     0.0119     2.889     .0068     0.0101     0.0584  
 

 
(a) Write the fitted regression equation.
  
YˆY^ =  +  X
 
(b-1) 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. (Round t.025 to 3 decimal places.)
  

Degrees of freedom  
t.025  

 
(b-2) Choose the correct option for H0β1 = 0 vs H1β1 ≠ 0.
  
multiple choice 1

  • Reject the null hypothesis if tcalc < -2.035 or if tcalc > -2.035
  • Reject the null hypothesis if tcalc > 2.035 or if tcalc < -2.035


 
(c-1) Calculate t(Round your answer to 3 decimal places.)
  
tcalc            
 
(c-2) We reject the null hypothesis.
  
multiple choice 2

  • No
  • Yes


 
(d-1) Find the 95% confidence interval for slope. (Round your answers to 4 decimal places.)
  
Confidence interval is from    to  
 
(d-2) The confidence interval does not contain zero, which implies
  
multiple choice 3

  • there is a relationship between weekly pay and income tax withheld.
  • there is no relationship between weekly pay and income tax withheld.


 
(e) Calculate t2 and F(Round your answers to 2 decimal places.)
 

t2  
Fcalc  

 
(f-1) Calculate R2(Round your answer to 3 decimal places.)
  
R2            
 
(f-2) What is the percentage of variation in income tax withheld explained by weekly pay? (Round your answer to the nearest whole number.)
  
Percentage of variation  %

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 6 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman