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

question 95

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

Cases Included 75 Missing Cases 0
One of the $t$ -test test statistics is shown on the printout to be the value $t = 6.03$ . Interpret this value.
A) There is insufficient evidence, at $\alpha = 0.05$ , to indicate that at least one of the variables proposed in the interaction model is useful at predicting the average starting salary of graduates of MBA programs.
B) There is sufficient evidence, at $\alpha = 0.05$ , to indicate that at least one of the variables proposed in the interaction model is useful at predicting the average starting salary of graduates of MBA programs.
C) There is sufficient evidence, at $\alpha = 0.05$ , to indicate that there is a curvilinear relationship between average starting salary of graduates of MBA programs and the tuition of the MBA program.
D) There is sufficient evidence, at $\alpha = 0.05$ , to indicate that there is a linear relationship between average starting salary of graduates of MBA programs and the tuition of the MBA program.

• A) There is insufficient evidence, at \(\alpha = 0.05\), to indicate that at least one of the variables proposed in the interaction model is useful at predicting the average starting salary of graduates of MBA programs.
• B) There is sufficient evidence, at \(\alpha = 0.05\), to indicate that at least one of the variables proposed in the interaction model is useful at predicting the average starting salary of graduates of MBA programs.
• C) There is sufficient evidence, at \(\alpha = 0.05\), to indicate that there is a curvilinear relationship between average starting salary of graduates of MBA programs and the tuition of the MBA program.
• D) There is sufficient evidence, at \(\alpha = 0.05\), to indicate that there is a linear relationship between average starting salary of graduates of MBA programs and the tuition of the MBA program.

---

Definitions:

Basic Rights

Fundamental rights considered inherent to all individuals, often including the right to life, liberty, free speech, and privacy, as recognized by national and international laws and declarations.

Prejudiced Discriminator

An individual who not only holds prejudicial views towards others based on race, gender, or other characteristics but also acts upon these biases in discriminatory ways.

American Ideals

Principles or beliefs that are considered emblematic of the United States, including liberty, equality, democracy, and individualism.

Feminism

A socio-political movement and ideology that advocates for equal rights, opportunities, and treatment of women.