Ten Students in a Graduate Program Were Randomly Selected

question 19

Essay

Ten students in a graduate program were randomly selected.Their grade point averages (GPAs)when they entered the program were between 3.5 and 4.0.The students' GPAs on entering the program and their current GPAs were recorded.Using a 10% level of significance,do the data below provide evidence of the conclusion that higher entering GPAs are associated with higher current GPA?
Dependent variable is: Current GPA
R-squared = 0.001849
s = 0.1452 with 10 - 2 = 8 degrees of freedom

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Definitions:

Satisficing

A decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution, due to limitations in time, information, or resources.

Absenteeism

Absenteeism refers to the habitual non-presence of an employee at their job without a valid reason, often affecting productivity and morale.

Anchoring Effect

The inadequate adjustment of subsequent estimates from an initial estimate that serves as an anchor.

Anchoring Effect

A cognitive bias where an individual relies too heavily on an initial piece of information (anchor) when making decisions.