The Superintendent of a School District Wanted to Predict the Percentage

question 186

Multiple Choice

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.She believed that holding everything else constant,instructional spending per pupil had a positive but decreasing impact on percentage.Which of the following would be the most appropriate analysis to perform?

• A)Autoregressive modeling.
• B)Exponential smoothing.
• C)Least-squares forecasting with monthly or quarterly data.
• D)Linear regression with log transformation.

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Definitions:

Support Department Costs

Expenses related to departments that do not directly contribute to the production of goods or services but provide necessary support, such as IT and HR.

Support Activity Costs

Expenses related to functions that assist the core operations of a business, such as human resources or accounting, which do not directly contribute to the production of goods or services.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the activities they require.

Direct Method

A cash flow statement preparation method that lists specific classes of gross cash receipts and payments.