A Study of the Top MBA Programs Attempted to Predict $\mathrm { F } = 100.42$

question 47

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 Predictor


Cases Included 75 Missing Cases 0
The global-f test statistic is shown on the printout to be the value $\mathrm { F } = 100.42$ . 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:

Conscious Perception

The awareness of one's environment and one's own existence, sensations, and thoughts.

Allport

Gordon Allport was an influential American psychologist known for his trait theory of personality, emphasizing the uniqueness of the individual and the importance of the current context for understanding behavior.

Conscious Rational Way

A mode of thinking and decision-making where individuals deliberately use reason and logic, being aware of their thought processes.

Forces That Motivate

The various internal and external factors that compel individuals to take action or behave in a certain manner.