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For this question, use the California Testscore Data Set and your regression package (a spreadsheet program if necessary). First perform a multiple regression of testscores on a constant, the student-teacher ratio, and the percent of English learners. Record the coefficients. Next, do the following three step procedure instead: first, regress the testscore on a constant and the percent of English learners. Calculate the residuals and store them under the name resYX2. Second, regress the student-teacher ratio on a constant and the percent of English learners. Calculate the residuals from this regression and store these under the name resX1X2. Finally regress resYX2 on resX1X2 (and a constant, if you wish). Explain intuitively why the simple regression coefficient in the last regression is identical to the regression coefficient on the student-teacher ratio in the multiple regression.
Lead
A potential customer who has shown interest in a company's products or services, often through providing contact information or making an inquiry.
Prospect
A potential customer or client who has been identified as someone who could be interested in a company's product or service.
Order Takers
Employees or systems in a business that are responsible for accepting and processing customers' orders without engaging in proactive selling or upselling techniques.
Order Getters
Salespeople whose primary responsibilities include generating and taking customer orders, often relying on their persuasive skills and product knowledge.
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