Examlex
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, the null hypothesis should be rejected at a 5% level of significance when testing whether instructional spending per pupil has any effect on percentage of students passing the proficiency test.
Apparent Authority
A situation where a third party reasonably believes that an agent has the authority to act on behalf of a principal, even if the agent does not have such authority.
Principal
In a financial context, the principal is the initial amount of money borrowed or invested, excluding any interest or profit. In an educational setting, it refers to the head of a school.
Agent
An individual authorized to act on behalf of another, often in business or legal matters.
Manifestations
Observable expressions or indications of a condition, disease, or the existence of a particular fact.
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