Concept explainers
The file FTMBA contains a sample of top-ranked full-time MBA programs. Variables included are
a. Using all the data as the training sample, develop a regression tree model to predict the mean starting salary upon graduation.
b. What conclusions can you reach about the mean starting salary upon graduation?
c. Using half the data as the training sample and the other half of the data as the validation sample, develop a regression tree model to predict the mean starting salary upon graduation.
d. What difference exist in the results of (a) of (c)?
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BASIC BUSINESS STATISTICS-STUD.SOLN.MAN
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