Fitted regression equation

Reference no: EM1319501

In the following regression, X = weekly pay, Y = income tax witheld, and n = 35 McDonald's employees. (a) Write the fitted regression equation, (c) What is your conclusion about the slope

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 (df =33)	p-value	95% lower	95% upper
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

b. What is your conclusion about the slope?

Reference no: EM1319501

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