What Does It Mean If the Discriminant Function Is Estimated

question 21

Multiple Choice

What does it mean if the discriminant function is estimated and the square of the canonical correlation is .64?

• A)64% of the variance in the dependent variable is explained by the model.
• B)The null hypothesis is not rejected.Therefore,there is no significant discrimination between groups.
• C)64% of the explained variance is accounted for.
• D)B and C are correct.

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Definitions:

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The estimated selling price of an asset in the ordinary course of business minus any costs expected to be incurred in completing, transporting, and selling it.

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