Solved

Campus Crime Rates Are Generally Lower Than the National Average;however

question 10

Multiple Choice

Campus crime rates are generally lower than the national average;however thousands of crimes take place on college campuses daily.Cities that are notoriously dangerous would likely be undesirable locations for a college campus.A study examined the crime rates on campuses throughout the United States and whether or not they were significantly affected by surrounding cities.A regression analysis was performed to investigate which characteristics of a city,along with a few chosen demographics of a school,impacted the crime rate on a college campus.There are over 4000 colleges and universities in the United States.The study included a random sample of 129 institutions.The response variable was the number of crimes per 1000 people.Explanatory variables included the percent of married couples in the city (married) ,tuition of the university (tuition) ,average income of the city (income) ,unemployment rate of the city (unemployment) ,percent of students who belong to a fraternity or sorority (Greek) ,average age of the students at the university (age) ,and number of liquor stores in the city (liquor) .A complete analysis of the data is shown below. What should be done to examine the relationship between every pair of variables more closely?

Definitions:

Real Property

Land and anything permanently attached to it, such as buildings and structures, classified as immovable by law.

Depreciation Adjustment

An accounting method that allocates the cost of tangible assets over their useful life, affecting taxable income.

AMT Purposes

Refers to the objectives of the Alternative Minimum Tax, which is to ensure that individuals and corporations that benefit from certain exclusions, deductions, or credits pay at least a minimum amount of tax.

Tax Return

The form or forms used to report income and file income taxes with tax authorities, such as the IRS.