SAT Scores and GPA Narrative

question 117

Essay

SAT Scores and GPA Narrative
A university admissions committee was interested in examining the relationship between a student's score on the Scholastic Aptitude Test, x, and the student's grade point average, y, at the end of the student's first year of university. The committee selected a random sample of 25 students and recorded the SAT score and GPA at the end of the first year of university for each student. Use the following output that was generated using statistical software to answer the questions below:
Regression Analysis
The regression equation is
GPA = -1.09 + 0.00349 SAT S = 0.1463 R-Sq = 91.8% R-Sq(adj) = 91.5%
Analysis of Variance Correlations (Pearson)
Correlation of SAT and GPA = 0.958
-Refer to SAT Scores and GPA Narrative. Determine the correlation between a student's SAT score and GPA at the end of the freshman year. Interpret the value.

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Definitions:

Debt-To-Equity Ratio

A financial benchmark that shows the ratio between debt and shareholders' equity in asset financing.

Prepaying Bonds

The action of repaying the principal of a bond before its maturity date, often as a way to manage debt or save on interest costs.

Outstanding Bonds

Bonds issued by an entity that are currently not redeemed and are in the hands of investors.

Semiannual Interest

Interest that is calculated and paid twice a year on investments or loans.