Discriminant Function Analysis Is Used to Predict What

question 10

Multiple Choice

Discriminant function analysis is used to predict what?

• A)Error ratios in independent variables
• B)Standard deviation between groups of scores
• C)Extraction of data
• D)A categorical dependent variable using one or more predictor variables

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Definitions:

Total Fertility Rate

The average number of children a woman is expected to have during her lifetime in a specific population.

Present Value

The present value of a future amount of money or series of cash flows, using a given rate of return.

Market Rate

The prevailing price or cost of products, services, or labor in a competitive marketplace as determined by supply and demand.

Interest

The cost of borrowing money, typically expressed as a percentage rate over a period of time, or the return on investment for savings.