The article Cost-Effectiveness in Public Education (Chance [1995]: 3841) reported that for a regression ofy = average

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The article “Cost-Effectiveness in Public Education” (Chance [1995]: 38–41) reported that for a regression ofy = average SAT score on x = expenditure per pupil, based on data from n = 44 New Jersey school districts, a = 766, b = 0.015, r2 = .160, and se = 53.7.

a. One observation in the sample was (9900, 893). What average SAT score would you predict for this district, and what is the corresponding residual?

b. Interpret the value of se.

c. How effectively do you think the least-squares line summarizes the relationship between x and y? Explain your reasoning.

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Introduction To Statistics And Data Analysis

ISBN: 9780495118732

3rd Edition

Authors: Roxy Peck, Chris Olsen, Jay L. Devore

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