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

question 19

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 800 and an undergraduate GPA of 4.00. 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) 3.71
• B) 3.76
• C) 3.81
• D) 3.86
• E) 4.00

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Definitions:

Financial Accounting

The branch of accounting that focuses on the preparation of financial statements for external users.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often resulting in the exchange of products, services, ideas, and culture.

Managers

Individuals responsible for directing and overseeing the operations and employees within an organization.

Implementation Phase

The implementation phase refers to the stage in a project or strategy where plans are executed and the concept is turned into reality.