SCENARIO 13-15
the Superintendent of a School District Wanted to Predict

question 221

Short Answer

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: $$\begin{array}{l}\begin{array} { l r } \hline { \text { Regression Statistics } } \\\hline \text { Multiple R } & 0.4276 \\\text { R Square } & 0.1828 \\\text { Adjusted R Square } & 0.1457 \\\text { Standard Error } & 5.7351 \\\text { Observations } & 47 \\\hline\end{array}\\\\\text { ANOVA }\\\begin{array} { l r r r r r } \hline & d f & { \text { SS } } & { \text { MS } } & \text { F } & { \text { Significance } F } \\\hline \text { Regression } & 2 & 323.8284 & 161.9142 & 4.9227 & 0.0118 \\\text { Residual } & 44 & 1447.2094 & 32.8911 & & \\\text { Total } & 46 & 1771.0378 & & & \\\hline\end{array}\\\\\begin{array} { l r r r r r r } \hline & \text { Coefficients } & \text { Standard Error } & { t \text { Stat } } & \text { P-value } & \text { Lower 95\% } & \text { Upper 95\% } \\\hline \text { Intercept } & - 72.9916 & 45.9106 & - 1.5899 & 0.1190 & - 165.5184 & 19.5352 \\\text { Salary } & 2.7939 & 0.8974 & 3.1133 & 0.0032 & 0.9853 & 4.6025 \\\text { Spending } & 0.3742 & 0.9782 & 0.3825 & 0.7039 & - 1.5972 & 2.3455 \\\hline\end{array}\end{array}$$
-Referring to SCENARIO 13-15, what is the value of the test statistic when testing whether mean teacher salary has any effect on percentage of students passing the proficiency test, considering the effect of instructional spending per pupil?

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Definitions:

Bank Credit Cards

Financial instruments issued by banks that allow cardholders to purchase goods and services on credit, up to an approved credit limit.

Merchandise on Account

Items purchased on credit, where payment is made at a later date, often recorded as accounts payable.

Collection on Account

This term refers to the payment received by a business from its customers against the outstanding invoices or credits.

Journal Entry

A record in the accounting ledger that represents a single transaction and its effects on various accounts, detailing debits and credits.