The following questions are based on the problem description, spreadsheet, and the Risk Solver Platform (RSP) Discriminant Analysis report below.
A college admissions officer wants to evaluate graduate school applicants based on their GMAT scores, verbal and quantitative. Students are classified as either successful (Group 1) , marginally successful (Group 2) or not-successful (Group 3) in their graduate studies. The officer has data on 20 current students, 7 successful (Group 1) , 6 marginally successful (Group 2) and 7 not successful (Group 3) .
-Refer to Exhibit 10.2. Based on the RSP output, what percentage of observations is classified incorrectly?
A) 5%
B) 15%
C) 95%
D) 90%
Correct Answer:
Verified
Q3: Exhibit 10.2
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Q13: Exhibit 10.2
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Q34:
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Q36:
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Q40:
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Q76: Exhibit 10.1
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Q106: Exhibit 10.1
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Q114: Exhibit 10.2
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