Question: (Continuation of Problem 11.2.) Now divide the companies into three groups: group I consists of those companies with a P/E of 7 or less, group

(Continuation of Problem 11.2.) Now divide the companies into three groups: group I consists of those companies with a P/E of 7 or less, group II consists of those companies with a P/E of 8 to 10, and group III consists of those companies with a P/E greater than or equal to 11. Perform a stepwise discriminant function analysis, using these three groups and the same variables as in Problem 11.2. Comment.

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