a. Using Excel, develop the multiple regression equation for these data. b. What is the coefficient of determination for this regression equation? Do you think the superinter is correct in his beliefs? c. If the certain school has an average SOL score of 74, with an average teacher salary of P27,500 an average teacher tenure of 7.8 years. The superintendent has proposed to the school board a salary increase that would raise the average salary to P30,000 as well as a benefits program, with the goal increasing the average tenure to 9 years. He has suggested that if the board passes his proposals, th

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a. Using Excel, develop the multiple regression equation for these data.
b. What is the coefficient of determination for this regression equation? Do you think the superintendent
is correct in his beliefs?
c. If the certain school has an average SOL score of 74, with an average teacher salary of P27,500 and an
average teacher tenure of 7.8 years. The superintendent has proposed to the school board a salary
increase that would raise the average salary to P30,000 as well as a benefits program, with the goal of
increasing the average tenure to 9 years. He has suggested that if the board passes his proposals, then
the average SOL score will increase to 80. Is he correct, according to the forecasting model?
Transcribed Image Text:a. Using Excel, develop the multiple regression equation for these data. b. What is the coefficient of determination for this regression equation? Do you think the superintendent is correct in his beliefs? c. If the certain school has an average SOL score of 74, with an average teacher salary of P27,500 and an average teacher tenure of 7.8 years. The superintendent has proposed to the school board a salary increase that would raise the average salary to P30,000 as well as a benefits program, with the goal of increasing the average tenure to 9 years. He has suggested that if the board passes his proposals, then the average SOL score will increase to 80. Is he correct, according to the forecasting model?
Average Tenure of
Average SOL
Average Teacher
School
the Teachers in
Score
Salary
Years
81
34,300
9.3
2
78
28,700
10.1
3
76
26,500
7.6
77
36,200
8.2
84
35,900
8.8
6
86
32,500
12.7
7
79
31,800
8.4
8.
91
38,200
11.5
6.
68
27,100
8.3
10
73
31,500
7.3
11
90
37,600
12.3
12
85
40,400
14.2
st
LO
Transcribed Image Text:Average Tenure of Average SOL Average Teacher School the Teachers in Score Salary Years 81 34,300 9.3 2 78 28,700 10.1 3 76 26,500 7.6 77 36,200 8.2 84 35,900 8.8 6 86 32,500 12.7 7 79 31,800 8.4 8. 91 38,200 11.5 6. 68 27,100 8.3 10 73 31,500 7.3 11 90 37,600 12.3 12 85 40,400 14.2 st LO
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