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SCENARIO 12-13
In this era of tough economic conditions, voters increasingly ask the question: "Is the educational achievement level of students dependent on the amount of money the state in which they reside spends on education?" The partial computer output below is the result of using spending per student ($) as the independent variable and composite score which is the sum of the math, science and reading scores as the dependent variable on 35 states that participated in a study.The table includes only partial results.
ANOVA
-Referring to Scenario 12-13, the decision on the test of whether composite score depends linearly on spending per student using a 10% level of significance is to (reject or not reject) H0 .
Credit
An accounting entry that increases a liability or equity account, or decreases an asset or expense account.
Increased
A term indicating that a numerical value, quantity, or financial metric has gone up from a previous measurement.
Account
Represents a specific financial record in bookkeeping that tracks the financial transactions of a particular aspect, such as expenses or revenues.
Asset
Resources owned by a company from which future economic benefits are expected to flow to the entity.
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