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TABLE 14-15
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.
Following is the multiple regression output with Y = % Passing as the dependent variable, X₁ = % Attendance, X₂= Salaries and X₃= Spending:
-Referring to Table 14-15, you can conclude that average teacher salary individually has no impact on the mean percentage of students passing the proficiency test, taking into account the effect of all the other independent variables, at a 10% level of significance based solely on the 95% confidence interval estimate for β₂.
Structural Equation Modelling
A statistical technique that permits the testing of multiple relationships simultaneously in a theoretically derived model.
Simulation
The use of models, often computerized, to replicate real-life processes, scenarios, or systems for the purpose of training, problem-solving, or prediction.
Scenario Planning
A strategic planning method that organizations use to envision and prepare for future possibilities, helping them navigate uncertainties and make flexible long-term plans.
Nominal Group Input
A technique used to generate ideas and solutions in a group setting, where participants contribute independently before collectively discussing and prioritizing suggestions.
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