A Study of the Top MBA Programs Attempted to Predict $t = - 3.94$

question 3

Short Answer

A study of the top MBA programs attempted to predict the average starting salary (in $1000's) of graduates of the program based on the amount of tuition (in $1000's) charged by the program and the average GMAT score of the program's students. The results of a regression analysis based on a sample of 75 MBA programs is shown below: Least Squares Linear Regression of Salary

Identify the test statistic that should be used to test to determine if the amount of tuition charged by a program is a useful predictor of the average starting salary of the graduates of the program.
A) $t = - 3.94$
B) $\mathrm { t } = 4.36$
C) $t = 5.15$
D) $t = 20.67$

• A) \(t = - 3.94\)
• B) \(\mathrm { t } = 4.36\)
• C) \(t = 5.15\)
• D) \(t = 20.67\)

Calculate income tax expense, including current and deferred taxes.

Recognize transactions that typically result in deferred tax liabilities or assets.

Analyze the impact of tax rate changes on deferred tax accounts.

Differentiate between the asset/liability and comprehensive/deferred tax allocation approaches.