The Following Questions Are Based on the Problem Description, Spreadsheet

question 52

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 incorrectly?

• A)5%
• B)15%
• C)95%
• D)90%

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Definitions:

Melodrama

A dramatic work that emphasizes plot at the expense of character development and typically uses exaggerated situations to appeal to emotions.

Warner Bros.

An American entertainment company and one of the major film studios, known for producing films, television shows, and music, as well as distributing media and entertainment.

Unique Style

A distinctive approach or method in various forms of art that sets an individual or work apart from others, often characterized by originality and consistency.

Supervisory System

A framework or set of protocols used in various fields to oversee and guide the work or performance of individuals or groups.