Schools often report their admissions requirements using middle 50% data. Amos Tuck (Dartmouth Business School) uses the following formula to calculate a combination of grade point average and GMAT. Admission Score = 200*GPA + GMAT Given that the population of Amos Tuck entering class for the past few year has been averaging the following 25th-percentile: 1250 75th-percentile: 1400 Using the above information and the assumption of a normal distribution, what is the probability of Mark, who has a GPA of 3.5 and a GMAT score of 690, being admitted; vs. Anna, who has a GPA of 3.0 and a GMAT score of 550, being admitted.
Schools often report their admissions requirements using middle 50% data. Amos Tuck (Dartmouth Business School) uses the following formula to calculate a combination of grade point average and GMAT. Admission Score = 200*GPA + GMAT Given that the population of Amos Tuck entering class for the past few year has been averaging the following 25th-percentile: 1250 75th-percentile: 1400 Using the above information and the assumption of a normal distribution, what is the probability of Mark, who has a GPA of 3.5 and a GMAT score of 690, being admitted; vs. Anna, who has a GPA of 3.0 and a GMAT score of 550, being admitted.
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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