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TABLE 13-15
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, = : % Attendance,
= Salaries and
= Spending:
-Referring to Table 13-15, what is the p-value of the test statistic when testing whether daily average of the percentage of students attending class has any effect on percentage of students passing the proficiency test, taking into account the effect of all the other independent variables?
Annual Interest
Interest charged or earned over a period of one year on loans, savings, or investments.
Present Value
The current value of future cash flows discounted at the appropriate discount rate, reflecting the time value of money.
Annual Payment
A payment made once a year for services, subscriptions, or obligations - often used in the context of loans, leases, and insurance premiums.
Tax Deductible
Expenses or payments that can be subtracted from gross income to reduce the amount of income subject to tax.
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