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 correctly?
A) 100%
B) 85.71%
C) 95%
D) 90%
Correct Answer:
Verified
Q20:
The following questions are based on
Q25:
The following questions are based
Q27:
The following questions are based
Q29:
The following questions are based
Q82: Exhibit 10.1
The following questions are based on
Q90: Exhibit 10.1
The following questions are based on
Q94: Exhibit 10.1
The following questions are based on
Q98: Exhibit 10.1
The following questions are based on
Q99: Exhibit 10.1
The following questions are based on
Q100: Exhibit 10.2
The following questions are based on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents