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TABLE 13-9 It Is Believed That, the Average Numbers of Hours Spent

question 184

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TABLE 13-9
It is believed that, the average numbers of hours spent studying per day (HOURS) during undergraduate education should have a positive linear relationship with the starting salary (SALARY, measured in thousands of dollars per month) after graduation. Given below is the Excel output for predicting starting salary (Y) using number of hours spent studying per day (X) for a sample of 51 students. NOTE: Only partial output is shown.
TABLE 13-9 It is believed that, the average numbers of hours spent studying per day (HOURS)  during undergraduate education should have a positive linear relationship with the starting salary (SALARY, measured in thousands of dollars per month)  after graduation. Given below is the Excel output for predicting starting salary (Y)  using number of hours spent studying per day (X)  for a sample of 51 students. NOTE: Only partial output is shown.     Note: 2.051E - 05 = 2.051*10⁻⁰⁵ and 5.944E - 18 = 5.944*10⁻¹⁸. -Referring to Table 13-9, the p-value of the measured F-test statistic to test whether HOURS affects SALARY is A)  (5.944E-18) /2. B)  5.944E-18. C)  (2.051E-05) /2. D)  2.051E-05.
Note: 2.051E - 05 = 2.051*10⁻⁰⁵ and 5.944E - 18 = 5.944*10⁻¹⁸.
-Referring to Table 13-9, the p-value of the measured F-test statistic to test whether HOURS affects SALARY is


Definitions:

Family of Orientation

The family into which a person is born or adopted, shaping their early experiences and socialization.

Family of Procreation

The family unit one establishes by marrying and having or adopting children, as opposed to the family of origin into which one is born.

Lower-Middle Class

A socio-economic group situated above the working class and below the upper-middle class, often characterized by moderate income levels, job security, and some educational achievements.

Upper-Middle Class

A socio-economic class characterized by high income, significant educational attainment, and professional careers, but not part of the societal elite.

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