Which of the Following Statements Is Not an Objective of Discriminant

question 23

Multiple Choice

Which of the following statements is not an objective of discriminant analysis?

• A)examination of whether significant differences exist among the groups,in terms of the criterion variables
• B)determination of which predictor variables contribute to most of the intergroup differences
• C)classification of cases to one of the groups based on the values of the predictor variables
• D)evaluation of the accuracy of classification

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Definitions:

Accounting Assumption

Fundamental beliefs or principles that guide the preparation of financial statements, such as going concern, accrual basis, and consistency.

Integrity

The quality of being honest and having strong moral principles; moral uprightness.

Going Concern

An accounting principle that assumes a company will continue to operate and fulfill its obligations in the foreseeable future.

Going Concern Assumption

An accounting principle assuming that a company will continue in operation for the foreseeable future.