The table shows the gross income tax collections (in billions of dollars) by the Internal Revenue Service

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The table shows the gross income tax collections (in billions of dollars) by the Internal Revenue Service for individuals x and businesses y.

(a) Use the regression capabilities of a graphing utility to find the least squares regression line for the data.

(b) Use the model to estimate the business income taxes collected when the individual income taxes collected is $1300 billion.

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Calculus

ISBN: 9781285057095

10th Edition

Authors: Ron Larson, Bruce H. Edwards

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Question Posted: Mar 29, 2023 01:21 AM

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The table shows the gross income tax collections (in billions of dollars) by the Internal Revenue Service

Question:

Year 1975 1980 1985 1990 288 397 540 77 110 Individual, x 156 Business, y 46 Year 72 1995 2000 2005 Individual, x 676 1137 Business, y 174 236 1108 307 2010 1164 278

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a Using a gra...View the full answer

Calculus

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