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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, the null hypothesis should be rejected at a 5% level of significance 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.
Financial Liabilities
Obligations that require a company to pay money to another entity, including loans, bonds payable, and accounts payable.
Borrowing Cost
A financial expense encompassing interest and other costs incurred by an entity in connection with the borrowing of funds.
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