Question

In: Statistics and Probability

Getting in to a prestigious law school can have lasting effect’s on lawyer’s careers, thus the...

Getting in to a prestigious law school can have lasting effect’s on lawyer’s careers, thus the admission process is important. One measure that admissions officers look at is prospective law student’s LSAT scores. Because of that, companies that specialize in preparing students for the LSAT have sprouted up. Altair Test Preparation, in an effort to differentiate themselves from the rest and to assure their clients that they are being provided with what really is having an effect, have decided to conduct some research to identify what has the greatest impact on student’s LSAT scores. All companies advertise that the number of hours they give them study sessions is what makes a difference. Based on the results, Altair will either recommend the hours needed to obtain a “good” score vs an “excellent” score. (Good is 155, excellent is 169), or will decide to investigate other learning interventions, and academic counseling which might have a greater impact.

Altair collected a sample of 50 students, who in the previous year, were their clients and subsequently took the LSAT. The looked at the relationship between the number of hours they used the service, and their LSAT score. You, as the statistician, will run the analysis and make your recommendations to Altair Test Preparation.

Your report should have the following qualities:

  • What LSAT score would you predict for a student that used the service for 10 hours? What

    recommendation would you give the student concerning the number of hours they have used

    the service?

  • Your final conclusion should use both the 95% confidence and prediction intervals. Improper use

    of these and corresponding wrong/sloppy interpretations is highly penalized.

  • Use Data Analysis for Regression and the Regression Template provided on the course website

    for the intervals.

  • data below:

    • Hours LSAT
      13 161
      13 158
      11 147
      14 164
      3 124
      10 130
      4 114
      7 131
      12 156
      7 135
      8 150
      11 150
      9 121
      10 160
      18 170
      17 155
      13 160
      14 154
      5 132
      11 156
      10 153
      8 150
      15 172
      7 141
      9 140
      11 155
      10 149
      8 149
      5 140
      6 142
      14 167
      12 166
      10 161
      14 162
      12 154
      12 156
      8 167
      12 160
      10 156
      11 170
      15 177
      5 130
      8 151
      11 160
      15 171
      11 154
      6 143
      6 165
      13 165
      9 145

Solutions

Expert Solution

Solution:

Here, we have to use regression analysis for the prediction of the dependent variable LSAT score and the independent variable number of hours the service used. The regression model by using excel is given as below:

Regression Statistics

Multiple R

0.737671352

R Square

0.544159023

Adjusted R Square

0.534662336

Standard Error

9.643695665

Observations

50

ANOVA

df

SS

MS

F

Significance F

Regression

1

5328.938428

5328.938428

57.2998796

0.00

Residual

48

4464.041572

93.00086607

Total

49

9792.98

Coefficients

Standard Error

t Stat

P-value

Lower 95%

Upper 95%

Intercept

120.5983989

4.364272582

27.63310418

3.95804E-31

111.8234409

129.3733569

Hours

3.058635582

0.404064673

7.569668394

9.90171E-10

2.246209121

3.871062042

From above regression output, it is observed that the correlation coefficient between the two variables is given as 0.7377, which means there is a considerable high positive linear relationship exists between the given two variables. The value of the R square or the coefficient of determination is given as 0.5442, which means about 54.42% of the variation in the dependent variable LSAT score is explained by the independent variable number of hours the service used.

The P-value for this regression model is given as 0.00 approximately. So, we reject the null hypothesis. There is sufficient evidence to conclude that the given regression model is statistically significant. The intercept and coefficient of independent variable are statistically significant as their corresponding P-values are approximately equal to 0.00.

The required regression equation is given as below:

LSAT = 120.5984 + 3.0586*Hours

Y = 120.5984 + 3.0586*X

Now, we have to predict the value for LSAT for hours = 10

LSAT = 120.5984 + 3.0586*10

Predicted LSAT = 151.1844

For the above regression model, the slope is positive, that is, correlation is positive, this means it is recommended to use more hours of service to increase LSAT score. As number of service hours increases, the LSAT score increases.


Related Solutions

You’re a researcher looking at whether or not applicants are accepted to a prestigious law internship....
You’re a researcher looking at whether or not applicants are accepted to a prestigious law internship. Only 10% of applicants receive a call to a first interview. You’re interested in two samples: all students from a rural community college who applied (24) and all students from Arizona who applied over the last five years (5804). What are the mean and standard deviation for the large sample? Explain in the context of this scenario what the mean represents, with appropriate rounding...
Your daughter is applying to a prestigious university. Since admission to the school is difficult, your...
Your daughter is applying to a prestigious university. Since admission to the school is difficult, your daughter has planned the process carefully. She has consistently achieved high marks, taken preparatory courses for entrance exams, and has participated in various extracurricular activities. When you tell one of your best customers about her activities, he offers to write her a letter of recommendation. He's an alumnus of the school and is one of its most active fund raisers. Although he's a customer,...
 As you have seen, your choice of operating structure can have significant and long-lasting impacts on...
 As you have seen, your choice of operating structure can have significant and long-lasting impacts on taxes, capital sources, and legal protection. Provide an example of a business, and give a recommendation as to what form of organization they should consider and why. What are some of the major considerations?
Madisyn (Maddy) Whitfield, 25, has been a graduate student at a prestigious state school on the...
Madisyn (Maddy) Whitfield, 25, has been a graduate student at a prestigious state school on the West Coast, studying for her master's degree in Health Psychology. She has attended school part-time because she must also work and allow enough time for all the hours of fieldwork mandated by her program. Due to a chronic health condition, Maddy must be cautious about not overworking or overstressing herself, another reason for not attending school full-time. As a junior in high school, Maddy...
You graduated from college and decided to attend law school. If you go to law school,...
You graduated from college and decided to attend law school. If you go to law school, you will be forced to incur $180,000 in student loans. The re-payment of the student loans will take place over the next ten years after you graduate. The current rate on student loans is 6% ARP (with monthly compounding). How much in interest will you pay over the lifetime of the loan? How much interest will save if you add an additional $150 to...
Marxe School of Public and International Affairs (SPIA) wants to find out about the careers of...
Marxe School of Public and International Affairs (SPIA) wants to find out about the careers of its MPA graduates. The dean mails questionnaires to 500 randomly selected Alumni. Analysis of the sample of 500 alumni shows that the average income is $65,000. The average age is 35 years. The proportion working in non-profit is 76%. Deduce the following information: 1)(1 Points)The population refers to: 2)(1 Points)The sample refers to: 3)(3 Points)The threevariables are (Hint: remember that the variables are the...
a dice can have 6 sides and are numbered 1,2,3,4,5, and 6. The odds of getting...
a dice can have 6 sides and are numbered 1,2,3,4,5, and 6. The odds of getting an odd number are the same. The chance of getting an even number is the same. The chance of getting an odd number is twice the chance of getting an even number. a. Determine the opportunity to get the number 3. b. The dice is thrown three times. Determine the odds of getting two numbers 5 and one number 4. c. The dice is...
How can nurses incorporate disaster preparedness into their future nursing careers?
How can nurses incorporate disaster preparedness into their future nursing careers?
Achieving a high score on the LSAT examination is a prerequisite for getting accepted to law...
Achieving a high score on the LSAT examination is a prerequisite for getting accepted to law school. A random sample of 15 students from Law School 1 had an average LSAT score of 680 with a standard deviation of 84. A random sample of 12 students from Law School 2 had an average LSAT score of 634 with a standard deviation of 92. Making appropriate assumptions, find a 90% confidence interval for the difference between mean LSAT scores at these...
To complete your last year in business school and then go through law school, you will...
To complete your last year in business school and then go through law school, you will need $35,000 per year for 4 years, starting next year (that is, you will need to withdraw the first $35,000 one year from today). Your uncle offers to put you through school, and he will deposit in a bank paying 9.73% interest a sum of money that is sufficient to provide the 4 payments of $35,000 each. His deposit will be made today. How...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT