GMAT = 172.4 + 78.9 GPA + 0.230 SATM + 0.110 SATV Where GMAT = student’s score on the GMAT, GPA = student’s GPA in economics classes (4 = A, 3 = B ...), SATM = student’s score on the math portion of the SAT, and SATV = student’s score on the verbal portion of the SAT If John scores 60 points higher than Bill on the math part of the SAT, ceteris paribus, estimate the difference in his and Bill’s GMAT scores.
GMAT = 172.4 + 78.9 GPA + 0.230 SATM + 0.110 SATV
Where GMAT = student’s score on the GMAT, GPA = student’s GPA in economics classes (4 = A, 3 = B ...), SATM = student’s score on the math portion of the SAT, and SATV = student’s score on the verbal portion of the SAT
If John scores 60 points higher than Bill on the math part of the SAT, ceteris paribus, estimate the difference in his and Bill’s GMAT scores.
I am very confused on where to even start with this question, how do I set this up to solve it?
Here given that there is a equation to calculate the GMAT score.
GMAT = 172.4 + 78.9 GPA + 0.230 SATM + 0.110 SATV
Where GMAT = student’s score on the GMAT, GPA = student’s GPA in economics classes (4 = A, 3 = B ...), SATM = student’s score on the math portion of the SAT, and SATV = student’s score on the verbal portion of the SAT.
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