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a. Develop a joint probability table for these data (to 3 decimals). Intended Enrollment Status Full-Time Part-Time Totals Undergraduate Major Business 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. 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 (to 3 decimals)? d. If a student was an undergraduate Business major, what is the probability that the student intends to attend classes full-time pursuit of an MBA degree (to 3 decimals)? e. Let A denote the event that student intends to attend classes full-time in pursuit of an MBA degree, and let B denote the event that the student was an undergraduate Business major. Are events A and B independent?

a. Develop a joint probability table for these data (to 3 decimals). Intended Enrollment Status Full-Time Part-Time Totals Undergraduate Major Business 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. 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 (to 3 decimals)? d. If a student was an undergraduate Business major, what is the probability that the student intends to attend classes full-time pursuit of an MBA degree (to 3 decimals)? e. Let A denote the event that student intends to attend classes full-time in pursuit of an MBA degree, and let B denote the event that the student was an undergraduate Business major. Are events A and B independent?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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. X Open spreadsheet a. Develop a joint probability table for these data (to 3 decimals). 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. 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 (to 3 decimals)? d. If a student was an undergraduate Business major, what is the probability that the student intends to attend classes full-time in pursuit of an MBA degree (to 3 decimals)? e. Let A denote the event that student intends to attend classes full-time in pursuit of an MBA degree, and let B denote the event that the student was an undergraduate Business major. Are events A and B independent?
Transcribed Image Text: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. X Open spreadsheet a. Develop a joint probability table for these data (to 3 decimals). 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. 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 (to 3 decimals)? d. If a student was an undergraduate Business major, what is the probability that the student intends to attend classes full-time in pursuit of an MBA degree (to 3 decimals)? e. Let A denote the event that student intends to attend classes full-time in pursuit of an MBA degree, and let B denote the event that the student was an undergraduate Business major. Are events A and B independent?
Full Time Part Time Totals Full Time Part Time Totals Part C: Part D: Part C Undergraduate Major Business Engineering Other Part D 420 400 820 394 593 987 75 45 120 Part A: Joint Probability Table Business Engineering Other Totals 889 1038 1927 Totals Develop a joint probability table for these data in the blue cells. Place your values in the green cells (to 3 decimals). Full Time Part Time Totals Part C: Part D: Business #N/A #N/A #N/A #N/A #N/A Part A: Formulas Used Engineering #N/A #N/A #N/A Other #N/A #N/A #N/A Question Prompts for Parts C & D 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 (to 3 decimals)? If a student was an undergraduate Business major, what is the probability that the student intends to attend classes full-time in pursuit of an MBA degree (to 3 decimals)? Totals #N/A #N/A #N/A
Transcribed Image Text:Full Time Part Time Totals Full Time Part Time Totals Part C: Part D: Part C Undergraduate Major Business Engineering Other Part D 420 400 820 394 593 987 75 45 120 Part A: Joint Probability Table Business Engineering Other Totals 889 1038 1927 Totals Develop a joint probability table for these data in the blue cells. Place your values in the green cells (to 3 decimals). Full Time Part Time Totals Part C: Part D: Business #N/A #N/A #N/A #N/A #N/A Part A: Formulas Used Engineering #N/A #N/A #N/A Other #N/A #N/A #N/A Question Prompts for Parts C & D 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 (to 3 decimals)? If a student was an undergraduate Business major, what is the probability that the student intends to attend classes full-time in pursuit of an MBA degree (to 3 decimals)? Totals #N/A #N/A #N/A
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