A graduating senior has been accepted by three universities for an M.S. in engineering. Two criteria have been identified. The first is the program and university’s academic ranking. The second is the cost. A third criteria of location was initially considered, but then the student recognized that it is only for about a year, and applications were only made to acceptable schools. The student is currently enrolled in the first university, which is rated as a 5 for academic rank and a 7 for cost. The second is a larger outof-state public university, which is rated as a 7 for academic rank and a 6 for cost. The third is a prestigious private school, which is rated as a 10 academically and a 3 for its higher cost. (a) What is the total score for each school if the academic rank has a weight of 40%? (b) If academic rank has a weight of 60%, what is the total score for each school?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
A graduating senior has been accepted by three universities for an M.S. in engineering. Two criteria have been identified. The first is the program and university’s academic ranking. The second is the cost. A third criteria of location was initially considered, but then the student recognized that it is only for about a year, and applications were only made to acceptable schools. The student is currently enrolled in the first university, which is rated as a 5 for academic rank and a 7 for cost. The second is a larger outof-state public university, which is rated as a 7 for academic rank and a 6 for cost. The third is a prestigious private school, which is rated as a 10 academically and a 3 for its higher cost. (a) What is the total score for each school if the academic rank has a weight of 40%? (b) If academic rank has a weight of 60%, what is the total score for each school?
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