Graduate School - Jaime is applying for graduate school at a local university. In the past, 42% of the applicants to this university have been accepted. It is also known that 71% of those students who have been accepted have had GMAT scores higher than 550 while 38% of the students who were not accepted had GMAT scores higher than 550. Use this information and a theoretical group of 10,000 applicants to construct a table for this admissions scenario. Round all answers and results to four decimal places. Status GMAT higher than 550 GMAT not higher than 550 Total Accepted Not Accepted Total 10,000 1. What percentage of applicants to this university score over 550 on the GMAT? 2. What percentage of applicants who score over 550 on the GMAT would we expect to be accepted to this university? % 3. What percentage of applicants who do not score over 550 on the GMAT would we expect to be accepted to this university?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
100%
Jaime is applying for graduate school at a local university. In the past, 42% of the applicants to this university have been
accepted. It is also known that 71% of those students who have been accepted have had GMAT scores higher than 550 while 38% of the students
Graduate School
who were not accepted had GMAT scores higher than 550. Use this information and a theoretical group of 10,000 applicants to construct a table for
this admissions scenario. Round all answers and results to four decimal places.
Status
GMAT higher than 550
GMAT not higher than 550
Total
Accepted
Not Accepted
Total
10,000
1. What percentage of applicants to this university score over 550 on the GMAT?
%
2. What percentage of applicants who score over 550 on the GMAT would we expect to be accepted to this university?
%
3. What percentage of applicants who do not score over 550 on the GMAT would we expect to be accepted to this university?
%
Transcribed Image Text:Jaime is applying for graduate school at a local university. In the past, 42% of the applicants to this university have been accepted. It is also known that 71% of those students who have been accepted have had GMAT scores higher than 550 while 38% of the students Graduate School who were not accepted had GMAT scores higher than 550. Use this information and a theoretical group of 10,000 applicants to construct a table for this admissions scenario. Round all answers and results to four decimal places. Status GMAT higher than 550 GMAT not higher than 550 Total Accepted Not Accepted Total 10,000 1. What percentage of applicants to this university score over 550 on the GMAT? % 2. What percentage of applicants who score over 550 on the GMAT would we expect to be accepted to this university? % 3. What percentage of applicants who do not score over 550 on the GMAT would we expect to be accepted to this university? %
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Transcendental Expression
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman