Answered: Assuming the total number of students…

Assuming the total number of students studying in the top four universities in the World is approximately 158,000. And the distribution is as follows:

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

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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Concept explainers

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.

Question

Assuming the total number of students studying in the top four universities in the World is approximately 158,000.
And the distribution is as follows:

Harvard University (HU)- 40% of the total number
University of Oxford (UO)- 23,700
Standford University (SU)- 25% of the total number
Massachusetts Institute of Technology (MIT) - 20% of the total number

And only the following number of students owns a tablet computer:
20% of HU students
85% of UO students
90% of SU students
85% of MIT students

What is the total market penetration of tablet computers among the students of the top four universities?

What is the total market size of tablet computers in the top four universities?

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