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1. Suppose that a university is attempting to predict the grade point average (GPA) of some graduating students based upon their high school GPA levels.
1. Suppose that a university is attempting to predict the grade point average (GPA) of some graduating students based upon their high school GPA levels. GPA scores lie between 0 and 4. Below are some data for undergraduates at a university located in California. Historically, the mean high school GPA of students who entered as freshmen and graduated was 3.44 (std. dev. of 0.36 ). The mean college GPA of those same students was 3.08 (std. dev. of 0.40 ). This question asks you to predict the college GPA scores of three graduating students, based solely on their high school GPA scores. The three high school GPA scores are 2.2,3.0, and 3.8. Write down your predictions for each of the three students, along with a brief explanation of your thought process. (Question #6 from Shefrin Chapter 1) 1. Suppose that a university is attempting to predict the grade point average (GPA) of some graduating students based upon their high school GPA levels. GPA scores lie between 0 and 4. Below are some data for undergraduates at a university located in California. Historically, the mean high school GPA of students who entered as freshmen and graduated was 3.44 (std. dev. of 0.36 ). The mean college GPA of those same students was 3.08 (std. dev. of 0.40 ). This question asks you to predict the college GPA scores of three graduating students, based solely on their high school GPA scores. The three high school GPA scores are 2.2,3.0, and 3.8. Write down your predictions for each of the three students, along with a brief explanation of your thought process. (Question #6 from Shefrin Chapter 1)
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