The Superintendent of a School District Wanted to Predict the Percentage

question 113

Multiple Choice

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) , daily mean of the percentage of students attending class (%
Attendance) , mean teacher salary in dollars (Salaries) , and instructional spending per pupil in
Dollars (Spending) of 47 schools in the state.She believed that holding everything else constant,
Instructional spending per pupil had a positive but decreasing impact on percentage.Which of
The following would be the most appropriate analysis to perform?

• A) Autoregressive modeling.
• B) Exponential smoothing.
• C) Least-squares forecasting with monthly or quarterly data.
• D) Linear regression with log transformation.

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Definitions:

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, focusing on a company's liquidity and ability to meet short-term obligations.

Budgeted Cash Receipts

Forecasted cash inflows for a certain period, accounting for all expected sources of revenue including sales, investments, and loans.

Budgeted Cash Disbursements

An estimate of all cash payments that a business plans to make over a specific period, including operating expenses and capital expenditures.

Activity-Based Costing

A costing method that assigns costs to products or services based on the activities they require, aiming to more accurately reflect the costs incurred.