The Following Questions Are Based on the Problem Description, Regression

question 36

Multiple Choice

The following questions are based on the problem description, regression results, and the RiskSolver Platform (RSP) Discriminant Analysis report below.
A college admissions officer wants to evaluate graduate school applicants based on their GMAT scores, verbal and quantitative. Students are classified as either successful or not-successful in their graduate studies. The officer has data on 20 current students, ten of whom are doing very well (Group 1) and ten who are not (Group 2) .

-Refer to Exhibit 10.1. What formula is entered in cell E26 of the spreadsheet to determine the Cut-off Value, assuming that the admissions officer wants to minimize the probability of overlap between the groups?

• A)=E24+E25/2
• B)=(E24+E25)/2
• C)=AVERAGE(E4:E13)
• D)=AVERAGE(E14:E23)

---

Definitions:

Automatic Stay

A provision in bankruptcy law that halts actions by creditors to collect debts from a debtor who has declared bankruptcy.

Adequate Protection

A principle in bankruptcy law that ensures creditors receive protection against the depreciation of their collateral during a bankruptcy case.

Automatic Stay

A provision in bankruptcy proceedings that halts most legal actions against the debtor, providing temporary relief from creditors, evictions, and certain lawsuits.

Legal Action

The formal process of resolving disputes by a court of law, including lawsuits and litigation.