12.Using the above table, write out the regression equation where GNP predicts willingness to pay higher taxes.Upload all of your work including calculations.

Country Gdp higher taxes

Canada 19.71 24

Chile 4.99 29.1

Finland 24.28 12

Ireland 18.71 34.3

Japan 32.35 37.2

Latvia 2.42 17.3

Mexico 3.84 34.7

Netherlands 24.78 51.9

Norway 14.6 22.8

Portugal 34.31 17.1

Russia 10.67 29.9

Spain 2.66 22.2

Sweden 14.1 19.5

Switzerland 25.58 33.5

United States 39.98 31.6