Students taking the Graduate Management Admissions Test (GMAT) were asked about their undergraduate major and intent to pursue their MBA as a full-time or part-time student. A summary of their responses follows. Undergraduate Major Business Engineering Other Totals 325 197 251 773 150 161 194 505 Totals 475 358 445 1,278 If required, round your answers to four decimal places. (a) Develop a joint probability table for these data. Intended Full-Time Enrollment Part-Time Status Intended Enrollment Status Full-Time Part-Time Totals Business Undergraduate Major Engineering Other Totals (b) Use the marginal probabilities of undergraduate major (business, engineering, or other) to comment on which undergraduate major produces the most potential MBA students. P(B) = ,P(E)= , and P(O) = , so business is the undergraduate major that produces the potential MBA students. (c) If a student intends to attend classes full-time in pursuit of an MBA degree, what is the probability that the student was an undergraduate engineering major? P (Engineering | Full-Time) = of an MBA degree?
Students taking the Graduate Management Admissions Test (GMAT) were asked about their undergraduate major and intent to pursue their MBA as a full-time or part-time student. A summary of their responses follows. Undergraduate Major Business Engineering Other Totals 325 197 251 773 150 161 194 505 Totals 475 358 445 1,278 If required, round your answers to four decimal places. (a) Develop a joint probability table for these data. Intended Full-Time Enrollment Part-Time Status Intended Enrollment Status Full-Time Part-Time Totals Business Undergraduate Major Engineering Other Totals (b) Use the marginal probabilities of undergraduate major (business, engineering, or other) to comment on which undergraduate major produces the most potential MBA students. P(B) = ,P(E)= , and P(O) = , so business is the undergraduate major that produces the potential MBA students. (c) If a student intends to attend classes full-time in pursuit of an MBA degree, what is the probability that the student was an undergraduate engineering major? P (Engineering | Full-Time) = of an MBA degree?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
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