Use the Following to Answer the Question(s) Below

question 5

Multiple Choice

Use the following to answer the question(s) below.
Data were collected for a sample of 12 pharmacists to determine if years of experience and salary are related. Below are the regression analysis results. The dependent variable is Salary in thousands of dollars.
-The calculated t-statistic to test whether the regression slope is significant is

• A) 10.99.
• B) 47.97.
• C) 31.2.
• D) 6.93.
• E) 5.58485.

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Definitions:

Personal Exemption

A specific amount that taxpayers could deduct from their taxable income for themselves and their dependents, applicable in tax years before 2018.

Income Tax Withholding

The practice of deducting income tax from an employee's gross pay on behalf of the government, reducing the amount the employee takes home.

Multiple Support Agreement

An agreement where multiple parties contribute to the support of an individual, allowing one to claim a tax exemption under certain conditions.

Claim the Mother

The act of declaring a mother as a dependent or beneficiary for tax or legal purposes, subject to specific criteria.