Question: The Chartered Financial Analyst ( CFA ) designation is the de facto professional certification for the financial industry. Employers encourage their prospective employees to complete
The Chartered Financial Analyst CFA designation is the de facto professional certification for the financial industry. Employers encourage their prospective employees to complete the CFA exam. Daniella Campos, an HR manager at SolidRock Investment, is reviewing job applications. Given the low pass rate for CFA Level Daniella wants to know whether or not the prospective employees will be able to pass the CFA Level exam. Historically, the pass rate is higher for those with work experience and a good GPA in college. With this insight, she compiles the accompanying data file with information on current employees who took the CFA Level I exam last year, including the employees success on the exam for pass, for fail the employees college GPA, and years of work experience.
a Perform KNN analysis to estimate a classification model for the CFA Level exam using the CFAData worksheet and score the job applicants in the CFAScore worksheet. What are the misclassification rates for k and
Note: Report your answer in percentage. Round your answers to decimal places.
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