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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 mean of the percentage of students attending class (% Attendance), mean 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:
-Referring to Table 14-15, what are the numerator and denominator degrees of freedom, respectively, for the test statistic to determine whether there is a significant relationship between percentage of students passing the proficiency test and the entire set of explanatory variables?
Obligation
A duty or commitment to do something, such as repay a loan or fulfill a contract.
Financial Functions
Mathematical formulas used in finance to analyze and calculate financial figures such as interest rates, returns, payments, and the value of investments.
Compounded Quarterly
Interest on an investment is calculated and added to the principal sum every three months.
Total Amount
The complete sum or quantity of money or measure when everything is added together.
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