An MBA Admissions Officer Wishes to Predict an MBA Applicant's

question 28

Multiple Choice

An MBA admissions officer wishes to predict an MBA applicant's grade point average (GPA) for the MBA program on the basis of the applicant's score on the Graduate Management Admission Test (GMAT) and their undergraduate GPA (UGPA) . The admissions officer used a random sample of previously admitted applicants to build a regression tree that can be used to predict the MBA GPAs of future MBA students. Below is the final regression tree. An MBA applicant has a GMAT score of 730 and an undergraduate GPA of 3.21. Based on this regression tree, which of the following is the best estimate of this applicant's MBA GPA if they are admitted into the program?

• A) 3.29
• B) 3.50
• C) 3.53
• D) 3.57
• E) 3.72

Understand the role of shareholders, directors, and officers in a corporation.

Comprehend the process and significance of double taxation in corporations.

Grasp the essentials of sole proprietorship, including advantages and limitations.

Recognize the distinct aspects and legal requirements of limited liability partnerships (LLPs).

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Definitions:

Profits Transfer

The reallocation of profits from one entity to another, often seen in corporate structures or international transactions to optimize tax liabilities.

Labor

The effort by humans directed toward producing goods and services in an economy.

Management

Management involves the planning, organizing, leading, and controlling of an organization's resources to achieve specific objectives.

Common Goals

Objectives shared by a group of people, aiming to achieve a mutual outcome or interest.