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

question 39

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 percentage of the observations is classified incorrectly?

• A) 90%
• B) 80%
• C) 85%
• D) 15%

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Definitions:

Compensating Wage

Additional pay or benefits provided to employees to offset unpleasant aspects of a job or workplace demands.

Undesirable Work

Work that is deemed unappealing or unsatisfactory to most individuals, often due to low pay, poor working conditions, or the nature of the tasks involved.

Undocumented Workers

Individuals who are employed without the legal right to work in a country due to lack of proper visas or work permits.

Domestic Unskilled Labor

Workforce within a country that does not require specialized skills, education, or training.