Instruction 13.35 the Education Department's Regional Executive Officer Wanted to Predict the Predict

question 239

True/False

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,there is sufficient evidence that daily mean of the percentage of students attending class has an effect on percentage of students passing the proficiency test,while holding constant the effect of all the other independent variables at a 5% level of significance.

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Net Income

The amount of profit that remains after all operating expenses, interest, taxes, and dividends have been subtracted from total revenues.

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The amount by which expenses exceed revenues, indicating that a business spent more than it earned during a period.