Explain college grade point average

Assignment Help Business Management
Reference no: EM131154684

In a multiple regression model using 400 students to explain college grade point average, the following explanatory variables and a constant term equal to 1 are initially included in the regression: high school GPA, ACT score, number of credits completed, mother's years of education, and father's years of education. The R^2 is .5. When the two parents' education variables are dropped, the R^2 becomes .4. Are the parents' education variables significant at the 1% significance level? Specifically state the null and alternative hypotheses, relevant test statistic, critical value, and a short explanation for how you reached your conclusion. (Hint: remember that the lectures and the book both explain how to conduct an F-test of joint significance using R^2 values from two regressions).

Reference no: EM131154684

Questions Cloud

Price the monopolist charges : The marginal cost of a rental is $1. Suppose the town government places a $1 tax on all video rentals. What effect will the tax have on the price the monopolist charges? What will be the pass-through rate?
Voluntary production reduction program : The market demand and supply functions for corn are the same as question 1 Suppose the government wants to raise the price of corn to $3. What are the welfare effects of a price floor, price support, production quota, and voluntary production redu..
Discuss the african american narrative tradition : Discuss the African American narrative tradition using course readings. -  What are some of the major urban legends that have circulated within this tradition?
Attributable to aca reforms : U.S. health care spending grew slowly (just 3.9%) in the first year after the ACA was implemented. Do you think the slowdown is attributable to ACA reforms?
Explain college grade point average : In a multiple regression model using 400 students to explain college grade point average, the following explanatory variables and a constant term equal to 1 are initially included in the regression: high school GPA, ACT score, number of credits co..
How is diffraction and polarization used in photography : What effects are created through the use of diffraction and polarization?
Function of quantity and price : a. What, if anything, can be viewed as a sunk cost? b. What is the rule, as a function of quantity and price, as to whether this manufacturer should shut down? c. If the estimated demand is 500,000 phones, what is the break-even price for phone?
What is the profit-maximizing price : If the elasticity of demand is around 1.25 (in absolute value), what is the profit-maximizing price? What will the magazine publisher do in the long-run?
Describe your revision process : Describe your revision process to your classmates.- What strategies do you use when you edit and revise? - Did you revise your essay in one session or did you spread it out over multiple revision sessions?

Reviews

Write a Review

 

Business Management Questions & Answers

  Investment to create comprehensive risk management program

Commit a significant investment to creating and implementing a comprehensive risk management program.

  Calculate amount of the dividends

XYZ has a capital budget of sixty million dollar, it opitimal capital structure is 40 percent debt and 60 percent equity. Its EBIT was 98 million dollar for a year.

  Explain how important is product quality

Explain How important is product quality when a limited edition soft drink like Ice Cucumber sells out in a matter of weeks and What criteria would you suggest that Pepsi and Suntory use when screening ideas for new limited-edition soft drinks?

  Pros and cons of earned value management

Earned value management is used in many industries to measure and report project cost and schedule performance. What are the pros and cons of earned value management?

  Discuss the organizational restructuring strategies

Analyze and discuss the organizational restructuring strategies, such as rightsizing, verticalization, networking, delayering, and virtual teams, that one believes would be most beneficial.

  Program evaluation-policies and best interests of people

When we consider the impact that implemented policies have on society and organizations, is it safe to say that policies are always intended to promote the best interests of the people.

  Customer satisfaction - qualitative vs quantitativecustomer

customer satisfaction - qualitative vs. quantitativecustomer satisfaction is extremely important for the long-term goal

  What is the competitive price for pc operating systems

How would you go about establishing whether Microsoft possesses market power in the relevant antitrust market? What is the competitive price for PC operating systems?

  Basic functions of managing the data resourcein 125 words

basic functions of managing the data resourcein 125 words or more what are the basic functions of managing the data

  Difference between a sample and population mean

What steps can you take to improve the probability that decisions you make based on the sample will be reliable and valid in the future, in other locations, or with other people?

  Why might an employer utilize a virtual team

Explain why might an employer utilize a virtual team and what are some best practices for managing virtual teams effectively?

  Determine how the explosion in internet technology

Determine how the explosion in Internet technology and information systems has impacted e-commerce within the last decade. Determine how Internet technology and information systems optimize JIT operations and inventory levels.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd