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For the following data set, compute the coefficient of determination.
Income Tax Rate
The percentage of an individual's or corporation's income that is paid to the government as tax.
Income Tax Expense
The total amount of income tax a company is obligated to pay to government authorities, based on its taxable income.
Accrued Warranty Expense
The estimated cost of repair, replacement, or restitution that a company expects to incur under its product warranties, recognized before the actual expenses occur.
Tax Deductible
Expenses that can be subtracted from gross income to reduce taxable income.
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