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The file ClassificationData.xlsx ClassificationData-3.xlsxDownload ClassificationData-3.xlsx contains the following information about 25 MBA programs: percentage of applicants accepted, percentage of accepted applicants who enroll, mean GMAT

The file ClassificationData.xlsx

ClassificationData-3.xlsxDownload ClassificationData-3.xlsx

contains the following information about 25 MBA programs:

  • percentage of applicants accepted,
  • percentage of accepted applicants who enroll,
  • mean GMAT score of enrollees,
  • mean undergraduate GPA of enrollees,
  • annual cost of school (for state schools, this is the cost for out-of-state students),
  • percentage of students who are minorities,
  • percentage of students who are non-U.S. residents, and
  • mean starting salary of graduates (in thousands of dollars).

Use these data and the Evolutionary Solver to divide these schools into 4 clusters, by finding 4 schools to be used as cluster centers and assigning all other schools to one of these cluster centers such that the sum of the distances from each school to its cluster center is minimized. More precisely, Each school is then assigned to the nearest cluster center, where nearest is defined in terms of the eight attributes.

What are the 4 cluster centers minimizing the sum of the distances from each school to the nearest cluster center and what is the corresponding optimal value?

Hint: Your model will have four decision variables (changing cells) corresponding to the indexes of the four schools chosen as cluster centers. Thus your constraints would be 1<= centers <=25 and centers=Integer.

Then for each school i, you need to compute the distance between that school and each center. You can use SQRT(SUMXMY2(Data of school i, Data of center j)) for each school i and center j. Then take the minimum of the four values for each school. Your objective function would be the sum of these minimums.

In addition, note that you need to first standardize the value of each attribute by subtracting the attributes mean and dividing the difference by the attributes standard deviation.

below is the classification data

MBA program data
School % accepted % accepted who enroll Mean GMAT Mean GPA Total Cost % minority % non-US Mean Starting Salary
Wharton 15 71 662 3.42 32400 16 30 102
Michigan 28 44 645 3.3 29800 15 26 86
Northwestern 14 69 660 3.3 32600 9 24 99
Harvard 13 88 680 3.5 30100 19 27 114
Virginia 19 49 660 3.1 31200 20 12 93
Columbia 14 70 660 3.3 32200 12 24 93
Stanford 7 81 690 3.6 34500 25 25 111
Chicago 23 57 685 3.4 34200 5 23 90
MIT 14 12 650 3.5 36700 15 37 101
Dartmouth 14 49 669 3.39 32700 9 16 104
Duke 17 50 646 3.33 30100 12 19 84
UCLA 17 55 651 3.5 27100 10 20 91
Berkeley 13 51 652 3.42 29100 11 35 91
NYU 20 11 646 3.3 32700 8 35 79
Indiana 45 20 630 3.2 21000 8 16 68
Washington U 43 40 606 3.2 28000 6 39 62
Carnegie-Mellon 31 65 638 3.2 27200 2 38 86
Cornell 25 38 634 3.3 29600 11 28 55
UNC 19 55 630 3.3 17500 16 19 80
Texas 18 12 631 3.3 19100 14 17 69
Rochester 36 34 630 3.22 28200 9 46 68
Yale 23 54 676 3.38 32000 15 31 88
SMU 62 48 601 3 26300 5 22 63
Vanderbilt 42 47 615 3.2 29700 7 23 63
Thunderbird 75 64 572 3.41 23800 10 33 57

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