The dean of a business school wants to identify students most likely to successfully complete a master's
Question:
The dean of a business school wants to identify students most likely to successfully complete a master's degree in economics on the basis of a test score and their rank in undergraduate school. The data in the accompanying table produced the discriminant function seen here. Each observation that proved less than successful was encoded with a “0.” A “1” was used if the student achieved success in the program.
The centroids are
a. Calculate and interpret the cutoff score.
b. Complete the Summary Table by calculating the discriminate scores (Z-scores) for each observation and identify into which group each observation should be placed. Which ones are misclassified?
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Related Book For 
Introductory Regression Analysis With Computer Application For Business And Economics
ISBN: 9780415899338
1st Edition
Authors: Allen Webster
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