Answered: Jaime is applying for graduate school…

Name: Jaime is applying for graduate school at a local university. In the pa
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Description: 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% o

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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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?
%

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