Applicants who wish to be admitted to a certain professional school in a large university are required to take a screening test that was devised by an educational testing service. From past results, the testing service has established that 80% of all applicants are eligible for admission and that 94% of those who are eligible for admission pass the exam, whereas 12% of those who are ineligible for admissions pass the exam. (Round your answers to three decimal places.) (a) What is the probability that an applicant for admission passed the exam?(b) What is the probability that an applicant for admission passed the exam but was actually ineligible?
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
Applicants who wish to be admitted to a certain professional school in a large university are required to take a screening test that was devised by an educational testing service. From past results, the testing service has established that 80% of all applicants are eligible for admission and that 94% of those who are eligible for admission pass the exam, whereas 12% of those who are ineligible for admissions pass the exam. (Round your answers to three decimal places.)
(b) What is the probability that an applicant for admission passed the exam but was actually ineligible?
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