Mathematics, 13.05.2021 22:00 gymnastjazzyjov0euc
Data are given below on the adjusted gross income x and the amount of itemized deductions taken by taxpayers. Data were reported in thousands of dollars. With the estimated regression equation = 4.68 + .16x, the point estimate of a reasonable level of total itemized deductions for a taxpayer with an adjusted gross income of $52.5 thousand is $13.08 thousand.
AGI ($1000') Itemized Deductions ($1000s)
22 9.6
27 9.6
32 10.1
48 11.1
65 13.5
85 17.7
120 25.5
In the questions that follow, enter the dollar amounts requested. For example, if the regression results provide a value of 11.74 thousand, enter 11740 as the dollar amount in the box.
A. Develop a 95% confidence interval for the amount of total itemized deductions for all taxpayers with an adjusted gross income of $52,500 (to the nearest whole number).
$ ( 11,735 , 14,425 )
B. Develop a 95% prediction interval for the amount of total itemized deductions for a particular taxpayer with an adjusted gross income of $52,500 (to the nearest whole number).
$ ( , )
C. Use your answer to part (b) to give the IRS agent a guideline as to the amount of itemized deductions that would suggest an audit for a taxpayer with an adjusted gross income of $52,500.
Answers: 3
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Mathematics, 22.06.2019 01:40
Areflection of shape i across the y-axis, followed by a , and then a translation left 6 units and down 4 units confirms congruence between shape i and shape ii. alternatively, a of shape ii about the origin, followed by a reflection across the y-axis, and then a translation right 4 units and up 6 units confirms congruence between shape ii and shape i.
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Harold wrote this equation to model the level of water in a pool over time. the variable x represents time in hours. f(x) = 3,500 - 225x which statements about the situation are true? check all that apply. the water level is rising. the water level is falling. the initial level of water in the pool was 3,500 units. the initial level of water in the pool was 225 units. the pool was empty after 14 hours. the water was 2,600 units high after 4 hours.
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Data are given below on the adjusted gross income x and the amount of itemized deductions taken by t...
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