Conduct a discriminant analysis and state your conclusions

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A television producer wants to predict the success of new television programs. A program is considered successful if it survives its first season. Data on production costs, number of sponsors, and the total amount spent on promoting the program are available. A random sample of programs is selected, and the data are presented in the following table. Production costs are in millions of dollars, and promotions in hundreds of thousands of dollars; S denotes success and F failure.

Conduct a discriminant analysis, and state your conclusions.

Reference no: EM131370649

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