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A Study of the Top 75 MBA Programs Attempted to Predict

question 63

Multiple Choice

A study of the top 75 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.
The results of a simple linear regression analysis are shown below: Least Squares Linear Regression of Salary
Predictor
$A study of the top 75 MBA programs attempted to predict the average starting salary (in $1000's) of graduates of the program based on the amount of tuition (in $1000's) charged by the program. The results of a simple linear regression analysis are shown below: Least Squares Linear Regression of Salary Predictor Fill in the blank. At \alpha = 0.05 , there is_____ between the amount of tuition charged by an MBA program and the average starting salary of graduates of the program. A) ...sufficient evidence of a negative linear relationship... B) ...sufficient evidence of a positive linear relationship... C) ....insufficient evidence of a positive linear relationship...$

Fill in the blank. At $\alpha = 0.05$ , there is_____ between the amount of tuition charged by an MBA program and the average starting salary of graduates of the program.

Definitions:

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A representation of the inverse relationship between price and quantity demanded, depicted as a descending line on a graph.

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