Instruction 13.22 the Education Department's Regional Executive Officer Wanted to Predict the Predict

question 59

True/False

Instruction 13.22
The education department's regional executive officer wanted to predict the percentage of students passing a Grade 6 proficiency test. She obtained the data on percentage of students passing the proficiency test (% Passing), daily average of the percentage of students attending class (% Attendance), average 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, X₁ = % Attendance, X₂ = Salaries and X₃ = Spending:

-Referring to Instruction 13.22,you can conclude that instructional spending per pupil has no impact on mean percentage of students passing the proficiency test at a 5% level of significance using the 95% confidence interval estimate for β₃.

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Definitions:

Coupon Payment

The annual interest payment made to bondholders, typically expressed as a percentage of the face value.

Interest Rate Index

A benchmark interest rate that serves as a reference point for determining interest rates on various financial instruments or loans.

Coupon Rate

The yearly interest rate that a bond yields, represented as a percentage of its nominal value.

Face Value

The nominal or dollar value printed on a bond or stock certificate, representing the amount due at maturity or the value of a share.