ars therefore, only students in Group A graduated with addit. g. Both group took an exam at the end of their senior years. om the exam reported in the table below. - to the following table for the following questions: Variables Group A Group B Di ITIONAL SCHOOLING YEAR YES NO

ars therefore, only students in Group A graduated with addit. g. Both group took an exam at the end of their senior years. om the exam reported in the table below. - to the following table for the following questions: Variables Group A Group B Di ITIONAL SCHOOLING YEAR YES NO

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

1) Did Compulsory Schooling Law increase the success of students? (Use information provided in the table)

Scenario: Government approved Compulsory Schooling Law to be adopted at the end
of a year in which year the Group A students in their junior year and Group B in their
senior years therefore, only students in Group A graduated with additional years of
schooling. Both group took an exam at the end of their senior years. The average
scores from the exam reported in the table below.
Refer to the following table for the following questions:
Variables
Group A Group B
Difference
ADDITIONAL SCHOOLING YEAR
YES
NO
1 (0.4)
10,000S 2,000S ( 800S)
0,02 (0,02)
0,3 (0,1)
0,6 (0,2)
Please note that numbers in parentheses are standard deviation
SCORES
9.
8.
12,000 $
0,52
FAMILY INCOME
NON-WHITE
0,50
FEMALE
0,7
0,4
AGE
11
10.4

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