The Academic Performance Index (API), described in Exercise 12.11, is a measure of school achievement based on
Question:
The variables are defined as
x1 = 1 if the school was given a financial award for meeting growth goals, 0 if not.
x2 = % of students who qualify for free or reduced price meals
x3 = % of students who are English Language Learners
x4 = % of teachers on emergency credentials
x5 = API score in 2000
The MINITAB printout for a first-order regression model is given below.
a. What is the model that has been fit to this data? What is the least-squares prediction equation?
b. How well does the model fit? Use any relevant statistics from the printout to answer this question.
c. Which, if any, of the independent variables are useful in predicting the API, given the other independent variables already in the model? Explain.
d. Use the values of R2 and R2(adj) in the following printout to choose the best model for prediction. Would you be confident in using the chosen model for predicting the API score for next year based on a model containing similar variables? Explain.
Step by Step Answer:
Introduction To Probability And Statistics
ISBN: 9780495389538
13th Edition
Authors: William Mendenhall, Robert J. Beaver, Barbara M. Beaver