The following questions are based on the problem description, regression results, and the RiskSolver 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 or not-successful in their graduate studies. The officer has data on 20 current students, ten of whom are doing very well (Group 1) and ten who are not (Group 2) .
-Refer to Exhibit 10.1. What formula is entered in cell F4 of the spreadsheet to compute the Predicted Group for the first student?
A) =IF(E4 $E$26,2,1)
B) =IF(E4 $E$26,1,2)
C) =IF(E4>$E$24,1,0)
D) =IF(E4 $E$24,1,2)
Correct Answer:
Verified
Q3: Exhibit 10.2
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Q90: Exhibit 10.1
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Q114: Exhibit 10.2
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