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Faculty Salary, Completion Rate, and Control We look at the relationship between monthly faculty salary ( Fac - Salary ) and student six - year
Faculty Salary, Completion Rate, and Control We look at the relationship between monthly faculty salary FacSalary and student sixyear graduation rate CompRate for the data on fouryear colleges in CollegeScoresyr We want to account for possible differences between Public and Private schools while omitting the for profit schools
a Using the data in CollegeScoresyr which type of fouryear school Private or Public has a higher mean faculty salary?
b Which has a higher mean completion rate?
c Based only on your answers to parts a and b would you expect completion rates to increase or decrease a faculty salaries increase.
d Figure below shows a scatterplot of FacSalary vs CompRate with separate regression lines for Private and Public colleges. Which type of control private or public is represented by the blue circles and solid blue regression line?
Completion rate vs faculty salary for public and private fouryear colleges
e Is the association displayed in the scatterplot for both types of schools consistent with your answer to part c which was based only on the sample means?
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