TABLE 14-15 the Superintendent of a School District Wanted to Predict the Predict

question 44

Short Answer

TABLE 14-15
The superintendent of a school district wanted to predict the percentage of students passing a sixth-grade proficiency test. She obtained the data on percentage of students passing the proficiency test (% Passing), daily average of the percentage of students attending class (% Attendance), average teacher salary in dollars (Salaries), and instructional spending per pupil in dollars (Spending) of 47 schools in the state.
Following is the multiple regression output with Y = % Passing as the dependent variable, X₁= % Attendance, X₂= Salaries and X₃= Spending:
Note:

-Referring to Table 14-15, predict the percentage of students passing the proficiency test for a school which has a daily average of 95% of students attending class, an average teacher salary of 40,000 dollars, and an instructional spending per pupil of 2000 dollars.

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Definitions:

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the net profit from the investment by its cost.

Performance Measure

A quantitative indicator used to evaluate the effectiveness or success of an organization, employee, or process in achieving objectives.

Company As Whole

Refers to considering an organization in its entirety, often in the context of evaluating overall performance or strategy.

Return On Investment

A financial ratio that calculates the profitability of an investment by dividing net profit by the initial cost of the investment.