TABLE 14-16
the Superintendent of a School District

question 228

Short Answer

TABLE 14-16
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:
$\begin{array}{lr}\hline\text {Regression Statistics } \\\hline \text {Multiple R }& 0.7930 \\\text {R Square} & 0.6288 \\\text {Adjusted R Square} & 0.6029 \\\text {Standard Error }& 10.4570 \\\text {Observations }& 47 \\\hline\end{array}$


ANOVA
$\begin{array}{lccccc}\hline &\text { d f } &\text { SS }& \text { MS }& \text { F } & \text { Significance F} \\\hline \text { Regression }& 3 & 7965.08 & 2655.03 & 24.2802 & 2.3853 \mathrm{E}-09 \\\text { Residual} & 43 & 4702.02 & 109.35 & & \\\text { Total }& 46 & 12667.11 & & & \\\hline\end{array}$

$\begin{array}{lrrrrrr}\hline &\text { Coeffs} & \text { Stnd Err} &\text { t Stat} &\text { p -value }&\text { Lower 95\%} \text { Upper 95\%} \\\hline\text { Intercept }& -753.4225 & 101.1149 & -7.4511 & 2.88 \mathrm{E}-09 & -957.3401 & -549.5050 \\\%\text { Attend }& 8.5014 & 1.0771 & 7.8929 & 6.73 \mathrm{E}-10 & 6.3292 & 10.6735 \\\text { Salary} & 6.85 \mathrm{E}-07 & 0.0006 & 0.0011 & 0.9991 & -0.0013 & 0.0013 \\\text { Spending }& 0.0060 & 0.0046 & 1.2879 & 0.2047 & -0.0034 & 0.0153 \\\hline\end{array}$

-Referring to Table 14-16, what is the standard error of estimate?

Recognize the definition and scope of "security" under federal securities laws.

Comprehend the rules and regulations regarding proxy solicitations and their requirements.

Understand the role and structure of the Securities and Exchange Commission (SEC).

Know the liability implications for material misstatements and omissions in a registration statement.

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Definitions:

Significant Social Problems

Major issues within society that affect the well-being of its members, such as poverty, inequality, or crime.

Adult Attention Deficit Hyperactivity Disorder (ADHD)

A mental health disorder characterized by problems such as difficulty maintaining attention, hyperactivity, and impulsive behavior in adults.

Generalized Anxiety Disorder (GAD)

A chronic condition characterized by excessive, long-lasting anxiety and worry about nonspecific life events, objects, and situations.

Ineffective Management

The inability or failure to lead and administer operations, projects, or teams in a manner that achieves desired outcomes or goals.