Examlex

Solved

Applicants for a Particular Job,which Involves Extensive Travel in Spanish-Speaking

question 13

Essay

Applicants for a particular job,which involves extensive travel in Spanish-speaking countries,must take a proficiency test in Spanish.The sample data below were obtained in a study of the relationship between the numbers of years applicants have studied Spanish and their score on the test.Using a 1% level of significance,do the data provide sufficient evidence to conclude that the slope of the regression line is not 0 and hence that number of years of study is useful as a predictor of score on the test? The regression analysis is given below.
Dependent variable is: Score
R-squared = 83.0%
s = 5.65138 with 10 - 2 = 8 degrees of freedom  Variable  Coefficient  SE(Coeff)  t-ratio  P-value  Constant 31.533336.3604184.9577450.00111 Number of years 10.904761.7440546.2525380.000245\begin{array} { l l l l l } \text { Variable } & \text { Coefficient } & \text { SE(Coeff) } & \text { t-ratio } & \text { P-value } \\\text { Constant } & 31.53333 & 6.360418 & 4.957745 & 0.00111 \\\text { Number of years } & 10.90476 & 1.744054 & 6.252538 & 0.000245\end{array}


Definitions:

Ownership of Partnership

Ownership of a partnership refers to the proportionate share of rights, interests, and responsibilities in a partnership business, held by each partner.

Bonita's Share

A specific portion or allotment of a larger amount or entity that is designated or attributed to a person named Bonita.

Whole Business

A term often used in finance and economics referring to considering all aspects and operations of a business entity as a total entity.

Hockey Team

A hockey team is a group of players who compete together in the sport of hockey, governed by rules and often part of a league or competition.

Related Questions