Question

A business school dean wanted to assess the importance of factors that might help in predicting success in law school. For a random sample of 50 students, data were obtained when students graduated from law school, and the following model was fitted:
y = α + β1x1 + β2x2 + β3x3 + ε
where
y = score reflecting overall performance while in law school
x1 = undergraduate grade point average
x2 = score on GMAT
x3 = dummy variable taking the value 1 if a student’s letters of recommendation are unusually strong and 0 otherwise
Use the portion of the computer output from the estimated regression shown here to write a report summarizing the findings of this study.


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  • CreatedJuly 07, 2015
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