Peta-Kay Is Self-Employed and Has Net Earnings of $2,000

question 42

Multiple Choice

Peta-kay is self-employed and has net earnings of $2,000. How much will Peta-Kay owe in self-employment tax?

• A) $306.00.
• B) $282.59.
• C) $153.71.
• D) $0.

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Definitions:

Dependent Variables

Variables in an experiment or model that are expected to change in response to changes in the independent variables.

Stepwise Regression

A method of fitting regression models in which the choice of predictive variables is carried out by an automatic procedure, adding or removing variables based solely on statistical criteria.

Stepwise Regression

A regression analysis technique where an automatic process is used to select the predictive variables.

Preliminary Tool

An initial instrument or technique used in the early stages of research to help gather data, assess theories, or guide a study's direction.