Exhibit 10.1 the Following Questions Are Based on the Problem Description and Description

question 59

Multiple Choice

Exhibit 10.1
The following questions are based on the problem description and the output 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 is the verbal test score value of the group centroid for group 2?

• A) 683.8
• B) 654.2
• C) 610.7
• D) 605.7

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Definitions:

Articles of Partnership

A document that formalizes an agreement between parties to enter into a business partnership, detailing the terms and conditions of the partnership.

Annual Salary

The total amount of money that an employee earns in one year.

Operations

Operations refer to the day-to-day activities involved in the running of a business for the purpose of producing value for the stakeholders; it encompasses everything from manufacturing goods to providing services.