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Using the California School Data Set from Your Textbook, You  TestScr ^\widehat {\text { TestScr }}

question 43

Essay

Using the California School data set from your textbook, you run the following regression:  TestScr ^\widehat {\text { TestScr }} = 698.9 - 2.28 STR
n = 420, SER = 9.4
where TestScore is the average test score in the district and STR is the student-teacher ratio. The sample standard deviation of test scores is 19.05, and the sample standard deviation of the student teacher ratio is 1.89.
a.
Find the regression R2 and the correlation coefficient between test scores and the student teacher ratio.
b.
Find the homoskedasticity-only standard error of the slope.


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Noncontrolling Interest

A minority stake in a company that is not large enough to exercise control over the company, often reflected in the financial statements of a parent company that owns more than 50% but less than 100% of a subsidiary.

Dividends

A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.

Noncontrolling Interest

Represents the portion of equity in a subsidiary not attributable, directly or indirectly, to the parent company.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, typically with fixed dividends.

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