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

question 11

Multiple Choice

Applicants for a particular job,which involves extensive travel in Spanish-speaking countries,must take a proficiency test in Spanish.The sample data were obtained in a study of the relationship between the numbers of years applicants have studied Spanish and their score on the test.
Dependent variable is: Score
R-squared = 83.0%
S = 5.65138 with 10 - 2 = 8 degrees of freedom
$\begin{array} { l r r l l } \text { Variable } & \text { Coefficient } & \text { SE(Coeff) } & \text { t-ratio } & \text { P-value } \\\text { Constant } & 31.53333 & 6.360418 & 4.957745 & 0.00111 \\\text { Number of years } & 10.90476 & 1.744054 & 6.252538 & 0.000245\end{array}$

• A)Score = 31.53333 × Number of Years + 10.90476; We estimate that the scores on the proficiency test for these applicants increase about 10.90476 points for each additional year spent studying Spanish.
• B)Score = 31.53333 + 10.90476 × Number of Years; We estimate that the scores on the proficiency test for these applicants increase about 31.53333 points for each additional year spent studying Spanish.
• C)Score = 31.53333 + 10.90476 × Number of Years; We estimate that the scores on the proficiency test for these applicants increase about 10.90476 points for each additional year spent studying Spanish.
• D)Number of Years = 31.53333 + 10.90476 × Score; We estimate that the number of years spent studying Spanish increases about 10.90476 years for each additional point scored on the test.
• E)Score = 31.53333 × Number of Years + 10.90476; We estimate that the scores on the proficiency test for these applicants increase about 31.53333 points for each additional year spent studying Spanish.

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Definitions:

Inventory Turnover

A financial ratio indicating how many times a company has sold and replaced inventory over a period.

Current Ratio

It's a measure of a corporation's capability to meet its immediate financial obligations using its current assets.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity of the company.

Financial Ratios

Quantitative measures derived from a company's financial statements used to evaluate its financial performance and health.