Exhibit 8-3A standardized testing agency would like to understand the role of tests in admission decisions at top business schools. It is particularly interested in the relative roles played by the GRE and the undergraduate GPA in the admissions process. It has gathered the following data for 50 randomly sampled applicants (which has been sorted by Admitted):

-Refer to Exhibit 8-3. Write out your model and interpret your results. Do the results make sense?

Question

Exhibit 8-3A standardized testing agency would like to understand the role of tests in admission decisions at top business schools. It is particularly interested in the relative roles played by the GRE and the undergraduate GPA in the admissions process. It has gathered the following data for 50 randomly sampled applicants (which has been sorted by Admitted):
 
-Refer to Exhibit 8-3. Write out your model and interpret your results. Do the results make sense?

Quizplus · Accepted Answer

The Answer of Exhibit 8-3A standardized testing agency would like to understand the role of tests in admission decisions at top business schools. It is particularly interested in the relative roles played by the GRE and the undergraduate GPA in the admissions process. It has gathered the following data for 50 randomly sampled applicants (which has been sorted by Admitted):
 
-Refer to Exhibit 8-3. Write out your model and interpret your results. Do the results make sense?

Exhibit 8-3A Standardized Testing Agency Would Like to Understand the Role