6. Below are variable definitions and OLS results concerning standardized test scores for different California schools. Interpret the results in the manner we have done in the course. The more you can successfully explain about the results without using econometric terms or jargon, the better your score. Use Regression 1 (you can ignore the standardized coefficients). Since there are many independent variables, you do not have to discuss them all, make sure you include the first four. (20 points) Change in API: Change in the Academic Performance Index (a score on a standardized test) from 1999 to 2003 for each school. 1999 API: The API score for each school in 1999. District size: Number of students in the school district, 1999. School size: Number of students in the school, 1999. Meal: Percentage of students who receive subsidized meals in each school, 1999, College grad: Percentage of school's parents that have graduated from college, 1999. Table 3 Ordinary least-squares cross-section results by type of school, dependent variable: Change in API (2003 API-199 APD) Variable Regression 1: clementary schools Regression 2: middle schools Regression 3: high schools Unstandardized Standardized Unstandardized Standardized Unstandardized Standardered coefficients coefficients coellicients coefficients coefficients coefficients Constant 335.414 1999 API District sie -0.194 (-57 805)** 6.714 x 10- (16.317)** -0.003 40.813) -0.112 School size Meal 236,514 (22.267)** -0.282 -17.035) -1.187 X 10 (1183) 0001 10.213) -0.00 14) -0,056 C-0.364) 18.383 24" -bolo 0203 3.351 417)** 03 2.00 -0.610 (-10.417)** 0110 1-3.567) 0.00 10.245) 106 147)" 159.724 (13.430) -0.225 10.417)" 278 x 10- -3.567;** 0.001 10.345) 0.177 2.147) 003 10.1471 51410 03.010, 0.624 13.409 4900 5379 DIS -0.891 -57.805) 0,175 16.517) - OLX 0813) 0.061 4X24) 0014 2.718** 0033 2.3673" 0.042 14.064** 013 10470 DH SON) College grad 0.13 0.7187" -0.818 (-17.0357" -0.041 (1183) 0007 (214) LO 1.364) 0.014 036) 14 2904 DO7 12401 0.154 1441 ti Private school Pop density 2.463) 0107 14* 416510 10.476 0.147) 10 10 119 1409 216 Modian Hal income Emergency credential ins TASH II- EN Doradnici grades 3 Decrease in class grades Drease in class sie SH 6 CE . 1599 1037 st - Sot itu -0.147 Adjud SO 069 2174 1174 76 been parenthesis antan res Foot 6. Below are variable definitions and OLS results concerning standardized test scores for different California schools. Interpret the results in the manner we have done in the course. The more you can successfully explain about the results without using econometric terms or jargon, the better your score. Use Regression 1 (you can ignore the standardized coefficients). Since there are many independent variables, you do not have to discuss them all, make sure you include the first four. (20 points) Change in API: Change in the Academic Performance Index (a score on a standardized test) from 1999 to 2003 for each school. 1999 API: The API score for each school in 1999. District size: Number of students in the school district, 1999. School size: Number of students in the school, 1999. Meal: Percentage of students who receive subsidized meals in each school, 1999, College grad: Percentage of school's parents that have graduated from college, 1999. Table 3 Ordinary least-squares cross-section results by type of school, dependent variable: Change in API (2003 API-199 APD) Variable Regression 1: clementary schools Regression 2: middle schools Regression 3: high schools Unstandardized Standardized Unstandardized Standardized Unstandardized Standardered coefficients coefficients coellicients coefficients coefficients coefficients Constant 335.414 1999 API District sie -0.194 (-57 805)** 6.714 x 10- (16.317)** -0.003 40.813) -0.112 School size Meal 236,514 (22.267)** -0.282 -17.035) -1.187 X 10 (1183) 0001 10.213) -0.00 14) -0,056 C-0.364) 18.383 24" -bolo 0203 3.351 417)** 03 2.00 -0.610 (-10.417)** 0110 1-3.567) 0.00 10.245) 106 147)" 159.724 (13.430) -0.225 10.417)" 278 x 10- -3.567;** 0.001 10.345) 0.177 2.147) 003 10.1471 51410 03.010, 0.624 13.409 4900 5379 DIS -0.891 -57.805) 0,175 16.517) - OLX 0813) 0.061 4X24) 0014 2.718** 0033 2.3673" 0.042 14.064** 013 10470 DH SON) College grad 0.13 0.7187" -0.818 (-17.0357" -0.041 (1183) 0007 (214) LO 1.364) 0.014 036) 14 2904 DO7 12401 0.154 1441 ti Private school Pop density 2.463) 0107 14* 416510 10.476 0.147) 10 10 119 1409 216 Modian Hal income Emergency credential ins TASH II- EN Doradnici grades 3 Decrease in class grades Drease in class sie SH 6 CE . 1599 1037 st - Sot itu -0.147 Adjud SO 069 2174 1174 76 been parenthesis antan res Foot