Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In this era of tough economic conditions, voters increasingly ask the question: Is the educational achievement level of students dependent on the amount of money

In this era of tough economic conditions, voters increasingly ask the question: "Is the educational achievement level of students dependent on the amount of money the state in which they reside spends on education?" The partial computer output below is the result of using spending per student ($) as the independent variable and composite score which is the sum of the math, science, and reading scores as the dependent variable on 35 states that participated in a study. The table includes only partial results.

?Regression Statistics 0.3122 0.0975 0.0701 Multiple R R Square Adjusted R Square Standard Error Observations 26.9122 35 ANOVA df MS 2581.5759 Regression Residual Total 724.2674 34 26482.4000 Standard Error 22.115176 0.004235 Coefficients t Stat P-value Intercept Spending per Student (S) 595.540251 0.007996

Referring to Table, the conclusion on the test of whether composite score depends linearly on spending per student using a 10% level of significance is that

A.there is enough evidence that composite score does not depend linearly on spending per student.

B.there is enough evidence that the composite score depends linearly on spending per student.

C.there is not enough evidence that the composite score depends linearly on spending per student.

D.there is not enough evidence that the composite score does not depend linearly on spending per student.

?

Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept Spending per Student (S) df 0.3122 0.0975 0.0701 26.9122 Coefficients 35 1 34 595.540251 0.007996 SS 2581.5759 26482.4000 Standard Error 22.115176 0.004235 MS 724.2674 t Stat F P-value

Step by Step Solution

3.57 Rating (178 Votes )

There are 3 Steps involved in it

Step: 1

Regression output variables coefficients ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting An Introduction to Concepts Methods and Uses

Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil

10th Edition

1111822239, 324639767, 9781111822231, 978-0324639766

More Books

Students also viewed these Mathematics questions

Question

What constitutes a significant risk?

Answered: 1 week ago

Question

How could control charts be used? Give two examples.

Answered: 1 week ago