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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. Based on the analysis presented in the spreadsheet, what percentage of the observations were correctly classified?
International Test
Examinations administered across various countries to assess and compare educational systems or cognitive skills on a global scale, such as PISA or TIMSS.
Reading
The process of understanding written text through the interpretation of written or printed symbols.
Voucher School
A school that accepts vouchers as payment for tuition, where vouchers are provided by a government to parents for schooling at any school, public or private.
Tuition Charges
Fees charged by educational institutions for instruction and other services.
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