SCENARIO 12-6
the Following Excel Tables Are Obtained When "Score

question 86

Multiple Choice

SCENARIO 12-6
The following Excel tables are obtained when "Score received on an exam (measured in percentage points) " (Y) is regressed on "percentage attendance" (X) for 22 students in a Statistics for Business and Economics course. $$\begin{array}{l}\begin{array} { l r } \hline { \text { Regression Statistics } } \\\hline \text { Multiple R } & 0.142620229 \\\text { R Square } & 0.02034053 \\\text { Standard Error } & 20.25979924 \\\text { Observations } & 22 \\\hline\end{array}\\\begin{array} { l r r r l } \hline & \text { Coefficients } & \text { Standard Error } & \text { T Stat } & \text { P-value } \\\hline \text { Intercept } & 39.39027309 & 37.24347659 & 1.057642216 & 0.302826622 \\\text { Attendance } & 0.340583573 & 0.52852452 & 0.644404489 & 0.526635689 \\\hline\end{array}\end{array}$$
-Referring to Scenario 12-6, which of the following statements is true?

• A)If attendance increases by 0.341%, the estimated mean score received will increase by 1 percentage point.
• B)If attendance increases by 1%, the estimated mean score received will increase by 39.39 percentage points.
• C)If attendance increases by 1%, the estimated mean score received will increase by 0.341 percentage points.
• D)If the score received increases by 39.39%, the estimated mean attendance will go up by 1%.

---

Definitions:

Bank Service Charge

Fees charged by a bank for the use of its services, such as account maintenance, wire transfers, and overdraft fees.

Bank Statement Adjustment

The process of reconciling the balance of a bank account in the company's ledger with the balance reported on the bank statement, adjusting for items like outstanding checks or deposits in transit.

Company Books Adjustment

Modifications made to the entries in a company's accounting records, to correct errors or update the books to more accurately reflect financial positions.

EFT Deposit

EFT Deposit refers to the electronic transfer of funds from one bank account to another, commonly used for direct deposit of paychecks and other types of payments.