15 Nov 2021
Problem 84a
Page 685
Section: BRINGING IT TOGETHER: HOMEWORK
Chapter 12: LINEAR REGRESSION AND CORRELATION
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15 Nov 2021
Given information
- Given : Table is
- To Decide which variable should be the independent variable and which should be the dependent variable.
Step-by-step explanation
Step 1.
Let us consider the given table,
For the given net taxable estates, the costs of approximate probate fees and taxes are provided.
It means that the costs are depending on the net taxable estates.
Hence, cost of approximate probate fees and taxes is the dependent variable. The net taxable estate is the independent variable.
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