If the Classification Matrix from a Discriminant Analysis Shows a High

question 25

True/False

If the classification matrix from a discriminant analysis shows a high percentage of correct classification, then we can be confident that the classification will work well for other populations.

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Definitions:

Common Shares

Equity investments that represent ownership in a company, providing voting rights and potential dividends to shareholders.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.

Credit Card Receivables

The outstanding balances owed to a company from customers' credit card transactions, considered an asset.

Student Loans

Loans offered to students to finance their education, typically with terms that defer payments until after graduation.