Question

Consider Jenny's research for questions 6-10

Jenny is examining the influence of teacher quality on high school graduation rates in the United States. She begins her research by specifying the following population regression model

%Graduate_i = β₀ + β₁%Qualified_i + ε

Where “%Graduate” measures the high school graduation rate for each county, and “%Qualified” measures the percentage of teachers with college degrees in the subjects they teach.

In this case, we can interpret β₁ as...

Select one:

The increase in %Graduate caused by an additional qualified teacher

The average change in %Graduate assocaited with an increase in %Qualified of 1%.

The slope of the sample regression model.

The increase in %Graduate caused by a change in the total number of qualified teachers

Answer 1

Option-B) The average change in %Graduate associated with an increase in %Qualified of 1%.