Consider the Following Least Squares Specification Between Testscores and the Student-Teacher

question 2

Multiple Choice

Consider the following least squares specification between testscores and the student-teacher ratio: = 557.8 + 36.42 ln (Income) .According to this equation,a 1% increase income is associated with an increase in test scores of

• A)0.36 points
• B)36.42 points
• C)557.8 points
• D)cannot be determined from the information given here

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Definitions:

Informational Social Influence

The effect of other people's behavior on an individual's actions and beliefs, stemming from the desire to be correct in situations where the correct action or belief is uncertain.

Cognitive Dissonance Theory

A theory suggesting that individuals experience discomfort (dissonance) from holding two or more conflicting cognitions (thoughts, beliefs, or attitudes), leading them to alter behavior or attitudes to reduce discomfort.

Role

The function or position that an individual assumes or is given in a social context, which influences behavior and expectations.

Cognitive Dissonance

The mental discomfort experienced by a person who holds conflicting beliefs, values, or attitudes, especially relating to behavioral decisions and attitude change.