Which of the Following Is Not True Regarding Discriminant Analysis

question 117

Multiple Choice

Which of the following is not true regarding discriminant analysis?

• A) The classification rule translates discriminant scores into group membership.
• B) Discriminant analysis is based on discrete or categorical dependent variables.
• C) The classification rule selected perfectly classifies the data used to derive the classification rule.
• D) The confusion matrix summarizes classification results.

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Definitions:

Disposable Income

Available cash for households to utilize in saving and spending after income taxes have been processed.

Savings

Money that is set aside from income for future use, often stored in a bank or invested to generate returns.

Disposable Income

Households' spendable and savable funds following income tax deductions.

Autonomous C

Spending by consumers that does not depend on current income levels, such as basic needs or contractual obligations.