In-class Exercise Class 13 and 14: Interpreting Multiple Regression Some people think that we should pay money to high school students who perform well on a test, a program called for Performance”. Supporters think this gives students an incentive “Pay to learn and try hard. However, some people oppose paying students to learn, saying it is costly and that it crowds out motivation” (that is, it takes away love of learning). “intrinsic Boloxia is a large city that has a metropolitan-area-wide school district. There are already some schools in the district that implemented the for Performance” program in 2006 and have “Pay been using it for several years. The other schools do not offer the pay for performance program. You have a dataset of all the schools in the region, with the following variables: SCORE: Score on the Math Test in 2012 OLD_SCORE: Score on the Math Test in 2000 PAY_PROGRAM= 1 if the school offered the for Performance” program from 2008 “Pay through 2012, 0 otherwise POVERTY RATE : (0 to 100) = the poverty rate in the school district I have run several regressions on these data. You can find the regressions as PayforPerformance log on our website (Other materials Data and other materials used in – class) Your objective is to evaluate whether the Pay for Performance Program is successful.(Regression 1) The first regression is a regression of SCORE on PAY_PROGRAM. (t-stats in parentheses) Regression 1: Score = 61.809 5.68 Pay_Program adjR2=.0175 – (93.5) (-3.19) What is the average SCORE of a school that offered PAY_PROGRAM? Is there a statistically significant difference (at the 95% level) between the average SCORE at schools that offer the PAY_PROGRAM and average SCORE at schools that do not? How much of the variation in SCORE is explained by this pay program?
In-class Exercise Class 13 and 14: Interpreting Multiple Regression Some people think that we should pay money to high school students who perform well on a test, a program called “Pay for Performance”. Supporters think this gives students an incentive to learn and try hard. However, some people oppose paying students to learn, saying it is costly and that it crowds out “intrinsic motivation” (that is, it takes away love of learning). Boloxia is a large city that has a metropolitan-area-wide school district. There are already some schools in the district that implemented the “Pay for Performance” program in 2006 and have been using it for several years. The other schools do not offer the pay for performance program. You have a dataset of all the schools in the region, with the following variables: SCORE: Score on the Math Test in 2012 OLD_SCORE: Score on the Math Test in 2000 PAY_PROGRAM= 1 if the school offered the “Pay for Performance” program from 2008 through 2012, 0 otherwise POVERTY RATE : (0 to 100) = the poverty rate in the school district I have run several regressions on these data. You can find the regressions as PayforPerformance log on our website (Other materials – Data and other materials used in class) Your objective is to evaluate whether the Pay for Performance Program is successful.(Regression 1) The first regression is a regression of SCORE on PAY_PROGRAM. (t-stats in parentheses) Regression 1: Score = 61.809 – 5.68 Pay_Program adjR2=.0175 (93.5) (-3.19) What is the average SCORE of a school that offered PAY_PROGRAM? Is there a statistically significant difference (at the 95% level) between the average SCORE at schools that offer the PAY_PROGRAM and average SCORE at schools that do not? How much of the variation in SCORE is explained by this pay program?
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