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

question 30

Multiple Choice

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


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 there is a curvilinear relationship between average starting salary of graduates of MBA programs and the tuition of the MBA program.
• C) 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.
• D) 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.

Distinguish between qualities of effective leaders and those characteristics that lead to leadership derailment.

Comprehend the impact of personal attributes and skills on leadership efficacy.

Acknowledge the importance of trust and interpersonal relations in leadership.

Recognize the significance of vision and imaginative thinking in leadership.

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Definitions:

Implicit Interest Rate

The interest rate inferred from the lease payments in a leasing agreement, indicating the cost of borrowing over the lease term.

Government-wide Financial Statements

Financial statements that present the financial position and the changes in financial position of all governmental activities, business-type activities, and aggregated discretely presented component units of the government.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.