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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 formula is entered in cell E4 and copied to cells E5:E25 of the spreadsheet?
Clutter
The accumulation of a large number of unnecessary or irrelevant items in a space, leading to a disorderly or overcrowded environment.
Technology
The application of scientific knowledge for practical purposes, especially in industry, to invent tools, devices, and systems enhancing human life.
Evoked Set
The group of brands or products a consumer considers acceptable from among all the brands or products he or she is aware of in a particular category.
Analyzed Set
A collection of data or objects that have been examined and scrutinized to derive conclusions or insights.
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