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TABLE 6FIRM WHOSE Z SCORE FALLS WITHIN GRAY AEEAFirm NumberNon-Bankrupt2019*20332032Z Score1.811.982.102.672.682.782.99Firm NumberBankrupt102610141017*1025** Misclassified by the MDA model; for example, firm "19" in Group 2.number identifies the group, with the last two digits locating the firm withinthe group.33. A similar method proved to be useful in selecting cut-off points for marketing decisions, seeR. E. Frank, A. A. Kuehn, W. F. Massy, Quantitative Techniques in Marketing Analysis (Homewood,111.: Richard D. Irwin, Inc., 1962), pp. 9S-100.
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