Answered: Many university admission committees…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Many university admission committees use the GMAT score as one of the critical indicators of how well a student is likely to perform in an MBA program. However, the GMAT might not be a very strong indicator for all MBA programs. Suppose that an MBA program designed for middle managers who wish to upgrade their skills was launched 3 years ago. To judge how well the GMAT scores predict MBA performance, a sample of 12 graduates was taken. Their GPA in the MBA program (values 0 to 12) and their GMAT scores (values ranging from 200 to 800) are listed below. Compare the covariance and the correlation coefficient. Interpret your findings.

GMAT	GPA
599	9.6
689	8.8
584	7.4
631	10.0
594	7.8
643	9.2
656	9.6
594	8.4
710	11.2
611	7.6
593	8.8
683	8.0

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