The Following Questions Are Based on the Problem Description, Spreadsheet

question 21

Multiple Choice

The following questions are based on the problem description, spreadsheet, and the Risk Solver 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 (Group 1) , marginally successful (Group 2) or not-successful (Group 3) in their graduate studies. The officer has data on 20 current students, 7 successful (Group 1) , 6 marginally successful (Group 2) and 7 not successful (Group 3) .

-Refer to Exhibit 10.2. Based on the RSP output, what percentage of observations is classified correctly?

• A)100%
• B)85.71%
• C)95%
• D)90%

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Definitions:

Job Analysis

is the process of studying and collecting information regarding the duties, responsibilities, necessary skills, outcomes, and work environment of a specific job.

Cultural Dimension

A framework for understanding cultural differences in values, behaviors, and communication styles.

Community Inventory

A comprehensive collection of resources, strengths, needs, and characteristics within a community, often used for planning and development purposes.

Landmarks And Celebrations

Significant events, milestones, or locations that have a symbolic importance or are commemorated.