SCENARIO 15-4 the Superintendent of a School District Wanted to Predict

question 78

Multiple Choice

SCENARIO 15-4 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. Let Y = % Passing as the dependent variable, Attendance, Salaries and Spending. The coefficient of multiple determination ( ) of each of the 3 predictors with all the other remaining predictors are, respectively, 0.0338, 0.4669, and 0.4743. The output from the best-subset regressions is given below: Following is the residual plot for % Attendance: Following is the output of several multiple regression models:
-Referring to Scenario 15-4, the "best" model chosen using the adjusted R-square statistic is

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Definitions:

Commission Rates

The percentage or fixed fee that a salesperson receives as compensation for their sales contributions.

Sales Total

The aggregate amount from all sales transactions within a given period.

Account Receivable

Money owed to a business by its customers for goods or services that have been delivered but not yet paid for.

Outstanding Debt

The total amount of borrowed money that has not yet been repaid by the borrower.