Question
It is generally assumed that spending more money on education will lead to better prepared students. Gruber tested that assumption by collecting data for each
It is generally assumed that spending more money on education will lead to better prepared students. Gruber tested that assumption by collecting data for each of the 50 U.S. States. She recorded the average amount spent per pupil (Expend), the pupil/teacher ratio (PTratio), the average teacher's salary (Salary), the percentage of students in that state taking the SAT exam (PctSAT) and the combined SAT score (SATcombined). A simultaneous multiple regression was computed on the variables with SAT combined was the dependent variable and the average amount spent per pupil (Expend), the pupil/teacher ratio (PTratio), the average teacher's salary (Salary) andthe percentage of students in that state taking the SAT exam (PctSAT) as the predictor variables. Use the output to answer the following questions.
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