In Trying to Construct a Model to Estimate Grades on a Statistics

question 194

True/False

In trying to construct a model to estimate grades on a statistics test,a professor wanted to include,among other factors,whether the person had taken the course previously.To do this,the professor included a dummy variable in her regression model that was equal to 1 if the person had previously taken the course,and 0 otherwise.The interpretation of the coefficient associated with this dummy variable would be the mean amount the repeat students tended to be above or below non-repeaters,with all other factors the same.

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Shareholders' Equity

The residual interest in the assets of a corporation after deducting liabilities.

Changes in Equity

Movements in the value of an entity's equity over a period due to profits, losses, contributions from or distributions to owners.

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but retained by the company for reinvestment.

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The announcement by a company's board of directors of the intention to pay a dividend to shareholders, indicating the amount and payment date.