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SCENARIO 13-15
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), 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 13-15, you can conclude definitively that instructional spending per pupil individually has no impact on the mean percentage of students passing the proficiency test, considering the effect of mean teacher salary, at a 10% level of significance based solely on but not actually computing the 90% confidence interval estimate for 2 .
Investment Account
An account that is used to hold and manage securities, such as stocks, bonds, and mutual funds, for investment purposes.
Equity Method
An accounting method for recording investments in which an investor has significant influence over the investee, reflecting the investor's share of the investee's profits or losses.
Outstanding Stock
Shares of a corporation that have been issued and are currently held by investors, including public shareholders and the company's officers and insiders.
Parent Company
A corporation that owns a controlling share of the stock in another company, making the latter a subsidiary.
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