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It Is Thought That There Are a Variety of Factors

question 75

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It is thought that there are a variety of factors that affect a teacher's salary. Using the following printout and sample data, determine whether the holding of a PhD degree is a significant variable when tested at the 10% level of significance. X1 is years of teaching experience, x2 is principal's rating and x3 is the presence of a PhD or not.
It is thought that there are a variety of factors that affect a teacher's salary. Using the following printout and sample data, determine whether the holding of a PhD degree is a significant variable when tested at the 10% level of significance. X<sub>1</sub><sub> </sub>is years of teaching experience, x<sub>2</sub><sub> </sub>is principal's rating and x<sub>3</sub><sub> </sub>is the presence of a PhD or not.   A)  Since the p-value is less than the level of significance, the null hypothesis is rejected, and so the holding of a PhD should be included in the analysis. B)  Since the p-value is less than the level of significance, the null hypothesis is accepted, and so the PhD should not be included in the analysis. C)  Since the p-value is more than the level of significance, the null hypothesis is accepted, and so the PhD should not be included in the analysis. D)  Since the p-value is more than the level of significance, the null hypothesis is rejected, and so the PhD should be included in the analysis.


Definitions:

Basic Necessities

Essential items required for survival, including food, clothing, shelter, and clean water.

Lack of Education

A state or condition where an individual has not received sufficient formal learning or instruction.

Economic Necessity

A situation or condition where certain actions or decisions are compelled by financial need or constraints.

Personal Satisfaction

The feeling of contentment or fulfillment that comes from achieving personal goals, desires, or from overall life circumstances.

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