Question: Jay Bennett calculated the regression line for average SAT scores (math plus verbal) versus number of dollars spent per student for SAT prep and obtained

Jay Bennett calculated the regression line for average SAT scores (math plus verbal) versus number of dollars spent per student for SAT prep and obtained a slope of 0.0227 and a y-intercept of 707. According to this analysis, how much should a district spend per student in order for its students to average 1000 on the SAT exam? (a) $6651 (b) $12,907 (c) $16,049 (d) $44,053 (e) More information is needed
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
