Examlex

Solved

TABLE 14-15 the Superintendent of a School District Wanted to Predict the Predict

question 137

True/False

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:
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 instructional spending per pupil 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 1% level of significance based solely on the 95% confidence interval estimate for β₃.
-Referring to Table 14-15, you can conclude that instructional spending per pupil 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 1% level of significance based solely on the 95% confidence interval estimate for β₃.


Definitions:

Potential New Entrants

Businesses or individuals that could potentially enter a market and compete with existing entities.

Existing Firms

Companies or businesses that are currently operating in the market, as opposed to new entrants or startups.

Competitive Price-searcher Market

A market where firms have some control over the prices they charge because their products are differentiated, leading them to actively search for competitive pricing strategies.

Product Quality

The measure of the inherent or assigned characteristics of a product that determine its value to the consumer, including durability, reliability, and performance.

Related Questions