![]() Here is part of the Minitab output from a least-squares regression analysis using these data. Al contributed cash of 60,000 and land with a basis of 50,000 (fair market value of 40,000). Tim contributed cash of 40,000 and land with a basis of 80,000 (fair market value of 60,000). bonds, but that does not mean that their contribution would be equal. Tim, Al, and Pat contributed assets to form the equal TAP Partnership. ![]() We checked that the conditions for inference about the slope of the population regression line are met. timal tax on an activity that generates external costs as the di erence between. Tim, Al, and Pat contributed assets to form the equal TAP Partnership. We collected data on the appraised market values $x$ and actual selling prices $y$ (in thousands of dollars) of a random sample of 16 condominium units in Florida. ![]() Property usually sells for somewhat more than the appraised market value. To determine property taxes, Florida reappraises real estate every year, and the county appraiser's Web site lists the current "fair market value" of each piece of property. Tim, Al, and Pat contributed assets to form the equal TAP Partnership. ![]() Multiple choice: Select the best answer for Exercises, which are based on the following information. ![]()
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