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Instruction 13.35
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 13.35,the null hypothesis should be rejected at a 5% level of significance when testing whether instructional spending per pupil has any effect on percentage of students passing the proficiency test,taking into account the effect of all the other independent variables.
Price Cheeseburger
The amount of money required to purchase a cheeseburger in a given market or location.
Excess Demand
A situation in a market where the quantity demanded of a good or service surpasses the quantity supplied at the current price.
Quantity Demanded
Quantity demanded is the total amount of a good or service that consumers are willing and able to purchase at a given price in a specified period.
DVD Players
Electronic devices designed to play discs using the Digital Versatile Disc (DVD) format, often used for movies and other digital content.
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