2federal income tax paid by an individual single taxpayer is a function of taxable income. the
following table represents the federal tax in a recent year for various taxable incomes.
15,000
19,500
21,000
22,500
24,000
taxable
income ($)
federal
taxes ($)
16,500
2,114
18,000
2,339
1,889
2,564
2,789
3,014
3,239
use the data above to create a linear regression equation. using this linear regression, which
amount below is closest to the federal tax owed by a college student having a taxable income of
$8,600 in this particular year?
a $929
b $59,740
c $900
d $1,318