A Study of the Top 75 MBA Programs Attempted to Predict

Multiple Choice

A study of the top 75 MBA programs attempted to predict the average starting salary (in $1000's) of graduates of the program based on the amount of tuition (in $1000's) charged by the program. The results of a simple linear regression analysis are shown below: Least Squares Linear Regression of Salary

$\begin{array}{lrccl}\text { Predictor}\\\text { Variables } & \text { Coefficient } & \text { Std Error } & \text { T } & \mathbf{P} \\\text { Constant } & 18.1849 & 10.3336 & 1.76 & 0.0826 \\\text { Size } & 1.47494 & 0.14017 & 10.52 & 0.0000\end{array}$

R-Squared $\quad\quad\quad\quad 0.6027 \quad$ Resid. Mean Square (MSE) $532.986$
Adjusted R-Squared $\quad 0.5972 \quad$ Standard Deviation $\quad\quad\quad23.0865$

Fill in the blank. At ? = 0.05, there is _________________ between the amount of tuition charged by an MBA program and the average starting salary of graduates of the program.

A) …insufficient evidence of a positive linear relationship…
B) …sufficient evidence of a positive linear relationship…
C) …sufficient evidence of a negative linear relationship…