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.

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Definitions:

Direct Perception

The theory that the environment provides all necessary cues for perception, which can be directly picked up by the sensory systems without need for cognitive processing.

Constructivist

Relating to the educational theory that learners construct knowledge through their experiences and interactions with the world.

Perceptual Experiment

An experimental methodology designed to study how individuals perceive and interpret sensory stimuli, such as visual or auditory inputs.

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