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A Study Was Recently Performed by the Internal Revenue Service

Question 33

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A study was recently performed by the Internal Revenue Service to determine how much tip income waiters and waitresses should make based on the size of the bill at each table.A random sample of bills and resulting tips were collected and the following regression results were observed:
SUMMARY OUTPUT A study was recently performed by the Internal Revenue Service to determine how much tip income waiters and waitresses should make based on the size of the bill at each table.A random sample of bills and resulting tips were collected and the following regression results were observed: SUMMARY OUTPUT Given this output,the upper limit for the 95 percent confidence interval estimate for the true regression slope coefficient is approximately 0.28. Given this output,the upper limit for the 95 percent confidence interval estimate for the true regression slope coefficient is approximately 0.28.

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