Essay
Exhibit 8-3A standardized testing agency would like to understand the role of tests in admission decisions at top business schools. It is particularly interested in the relative roles played by the GRE and the undergraduate GPA in the admissions process. It has gathered the following data for 50 randomly sampled applicants (which has been sorted by Admitted):
-Refer to Exhibit 8-3. Test your model against another randomly drawn sample of 50 students (data shown below). Does your model work as well for this sample? Can you explain your findings?
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The model only classifies 38% of the stu...View Answer
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