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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, there is sufficient evidence that daily mean of the percentage of students attending class has an effect on percentage of students passing the proficiency test while holding constant the effect of all the other independent variables at a 5% level of significance.
Dividend Policy
Guidelines a company follows to decide how much it will pay out to shareholders in dividends.
Investors
Individuals or institutions that allocate capital to various types of investments with the expectation of earning a financial return.
Dividend Policy
A company's strategy for distributing profits back to its shareholders, which can include the timing, amount, and manner of dividend payments.
Dividend Income
Income received from owning shares in a company, typically paid out of the company's profits.
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