SCENARIO 14-15
the Superintendent of a School District Wanted to Predict

question 32

Multiple Choice

SCENARIO 14-15
The superintendent of a school district wanted to predict the percentage of students passing a sixthgrade proficiency test. She obtained the data on percentage of students passing the proficiency test (% Passing) , mean teacher salary in thousands of dollars (Salaries) , and instructional spending per pupil in thousands of dollars (Spending) of 47 schools in the state.
Following is the multiple regression output with Y = % Passing as the dependent variable, X₁ = Salaries and X ₂ = Spending:


-Referring to Scenario 14-15,which of the following is the correct alternative hypothesis to test whether instructional spending per pupil has any effect on percentage of students passing the proficiency test,considering the effect of mean teacher salary?

• A)H 1 : \(\beta\) 0 = 0
• B)H 1 : \(\beta\) 1 = 0
• C)H 1 : \(\beta\) 2 =0
• D)H 1 : \(\beta\) 3 = 0

---

Definitions:

Maturity

The period of time or deadline after which an obligation, such as a bond or loan, must be repaid in full.

Call Provisions

Conditions under which a bond issuer can retire the bond before it matures.

Interest Rates

It denotes the cost, specified as a percentage of the principal, imposed on borrowers by lenders for the privilege of using their assets.

Coupon Rate

The annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity.