Exhibit 10.2 the Following Questions Are Based on the Problem Description and Description

question 2

Multiple Choice

Exhibit 10.2
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 (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. What number of observations is classified incorrectly?

• A) 19
• B) 20
• C) 7
• D) 1

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Definitions:

Fur Trade

The trading of animal pelts (especially those of beavers, which were highly sought after) between the indigenous peoples of North America and European traders from the 16th to the 20th centuries.

Western Exploration

A period of history involving the investigation and settlement of new lands, especially in the American West, by European powers and later American settlers.

Environmental Concerns

Issues related to the protection of the natural environment, particularly regarding pollution, waste management, and conservation of natural resources.

Merchant Society

A social group or class comprised of merchants or traders who typically hold considerable influence and power within a given economy.