A certain undergraduate university consists of 35% freshmen, 28% sophomores, 25% Juniors, and the rest seniors. You learn that the probability a freshman will drop out during the current year is .12, the probability a sophomore will drop out during the current year is .08, and the probability a junior will drop out during the current year is .06. For some reason the drop-out rate for seniors was not reported. However, you learn that the dropout probability for all undergraduates is .088. What is the probability that a senior will drop out during the current year?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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A certain undergraduate university consists of 35% freshmen, 28% sophomores, 25% Juniors, and the rest seniors. You learn that the probability a freshman will drop out during the current year is .12, the probability a sophomore will drop out during the current year is .08, and the probability a junior will drop out during the current year is .06. For some reason the drop-out rate for seniors was not reported. However, you learn that the dropout probability for all undergraduates is .088.
What is the probability that a senior will drop out during the current year?

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