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In a regression problem, if the coefficient of determination is 0.95, this means that:
Employer's Taxes
Taxes that employers are required to pay on behalf of their employees, such as social security and Medicare taxes in the United States.
Gross Pay
The total amount of money earned by an employee before any deductions or taxes are taken out.
Net Pay
Gross earnings, less deductions. Net pay, or take-home pay, is what the worker actually takes home.
Wages and Salaries Payable
Liabilities for wages and salaries that have been earned by employees but have not yet been paid.
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