Tax expert Bob Erikson is interested in the reliance of state governments on sin taxestaxes on the
Question:
= .54 + .23X1 + .11X2 - 1.41X3
sb1 = .04 sb2 = .087 sb3 = .15 Sy|x = .74
R2 = .74 Adj. R2 = .71
(a) Interpret the slopes, intercept, and R2.
(b) What are the research hypotheses? Evaluate these hypotheses.
(c) Michigan has 20% Catholic constituents, 47% Republicans in the state legislature, and a property tax of $ 2.5 per thousand. What is your best guess as to the sin tax rate in Michigan?
(d) The actual sin tax rate in Michigan is 16.1%. What would you conclude about that?
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Related Book For
Applied Statistics For Public And Nonprofit Administration
ISBN: 9781285737232
9th Edition
Authors: Kenneth J. Meier, Jeffrey L. Brudney, John Bohte
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