Mathematics, 30.03.2021 23:50 bbrogle5154
The IRS wants to develop a method for detecting whether or not individuals have overstated their deductions for charitable contributions on their tax returns. To assist in this effort, the IRS supplied data found in the file IRS. xlsx that accompanies this book listing the adjusted gross income (AGI) and charitable contributions for 11 taxpayers whose returns were audited and found to be correct.
Required:
a. Prepare a scatter plot of the data. Does there appear to be a linear relationship between these variables?
b. Develop a simple linear regression model that can be used to predict the level of charitable contributions from a return's AGI. What is the estimated regression equation?
c. Interpret the value of R2.
d. How might the IRS use the regression results to identify returns with unusually high charitable contributions?
Answers: 3
Mathematics, 21.06.2019 23:30
Answer each of the questions for the following diagram: 1. what type of angles are these? 2. solve for x. what does x equal? 3. what is the measure of the angles?
Answers: 1
The IRS wants to develop a method for detecting whether or not individuals have overstated their ded...
Computers and Technology, 17.09.2019 18:10
Mathematics, 17.09.2019 18:10
History, 17.09.2019 18:10