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Students taking the Graduate Management Admissions Test (GMAT) were asked about their undergraduate major and intent to pursue their MBA as a full-time or part-time student. A summary of their responses follows. Undergraduate Major Business Engineering Other Totals 325 197 251 773 150 161 194 505 Totals 475 358 445 1,278 If required, round your answers to four decimal places. (a) Develop a joint probability table for these data. Intended Full-Time Enrollment Part-Time Status Intended Enrollment Status Full-Time Part-Time Totals Business Undergraduate Major Engineering Other Totals (b) Use the marginal probabilities of undergraduate major (business, engineering, or other) to comment on which undergraduate major produces the most potential MBA students. P(B) = ,P(E)= , and P(O) = , so business is the undergraduate major that produces the potential MBA students. (c) If a student intends to attend classes full-time in pursuit of an MBA degree, what is the probability that the student was an undergraduate engineering major? P (Engineering | Full-Time) = of an MBA degree?

Students taking the Graduate Management Admissions Test (GMAT) were asked about their undergraduate major and intent to pursue their MBA as a full-time or part-time student. A summary of their responses follows. Undergraduate Major Business Engineering Other Totals 325 197 251 773 150 161 194 505 Totals 475 358 445 1,278 If required, round your answers to four decimal places. (a) Develop a joint probability table for these data. Intended Full-Time Enrollment Part-Time Status Intended Enrollment Status Full-Time Part-Time Totals Business Undergraduate Major Engineering Other Totals (b) Use the marginal probabilities of undergraduate major (business, engineering, or other) to comment on which undergraduate major produces the most potential MBA students. P(B) = ,P(E)= , and P(O) = , so business is the undergraduate major that produces the potential MBA students. (c) If a student intends to attend classes full-time in pursuit of an MBA degree, what is the probability that the student was an undergraduate engineering major? P (Engineering | Full-Time) = of an MBA degree?

MATLAB: An Introduction with Applications
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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4. 5. 6. 7. 8. 9. ● O ● O Students taking the Graduate Management Admissions Test (GMAT) were asked about their undergraduate major and intent to pursue their MBA as a full-time or part-time student. A summary of their responses follows. Intended Full-Time Enrollment Part-Time Status Totals Intended Enrollment Status If required, round your answers to four decimal places. (a) Develop a joint probability table for these data. Undergraduate Major Business Engineering Other Totals 325 197 251 773 150 161 194 505 475 358 445 1,278 Full-Time Part-Time I Totals Business Undergraduate Major Engineering Other (b) Use the marginal probabilities of undergraduate major (business, engineering, or other) to comment on which undergraduate major produces the most potential MBA students. P(B) = P(E)= so business is the undergraduate major that produces the most potential MBA students. (c) If a student intends to attend classes full-time in pursuit of an MBA degree, what is the probability that the student was an undergraduate engineering major? I Totals and P(O) = P (Engineering | Full-Time) = (d) If a student was an undergraduate business major, what is the probability that the student intends to attend classes full-time in pursuit of an MBA degree? P (Full-Time | Business) =
Transcribed Image Text:4. 5. 6. 7. 8. 9. ● O ● O Students taking the Graduate Management Admissions Test (GMAT) were asked about their undergraduate major and intent to pursue their MBA as a full-time or part-time student. A summary of their responses follows. Intended Full-Time Enrollment Part-Time Status Totals Intended Enrollment Status If required, round your answers to four decimal places. (a) Develop a joint probability table for these data. Undergraduate Major Business Engineering Other Totals 325 197 251 773 150 161 194 505 475 358 445 1,278 Full-Time Part-Time I Totals Business Undergraduate Major Engineering Other (b) Use the marginal probabilities of undergraduate major (business, engineering, or other) to comment on which undergraduate major produces the most potential MBA students. P(B) = P(E)= so business is the undergraduate major that produces the most potential MBA students. (c) If a student intends to attend classes full-time in pursuit of an MBA degree, what is the probability that the student was an undergraduate engineering major? I Totals and P(O) = P (Engineering | Full-Time) = (d) If a student was an undergraduate business major, what is the probability that the student intends to attend classes full-time in pursuit of an MBA degree? P (Full-Time | Business) =
7. 8. 9. ♥ ● O Intended Full-Time Enrollment Part-Time Status Totals Intended Enrollment Status Business Engineering Other Totals 325 197 251 773 150 161 194 505 358 445 1,278 If required, round your answers to four decimal places. (a) Develop a joint probability table for these data. 475 Full-Time Part-Time Totals Undergraduate Major Business Engineering Other Totals (b) Use the marginal probabilities of undergraduate major (business, engineering, or other) to comment on which undergraduate major produces the most potential MBA students. P(B) = , P(E)= , and P(O) = (c) If a student intends to attend classes full-time in pursuit of an MBA degree, what is the probability that the student was an undergraduate engineering major? so business is the undergraduate major that produces the most potential MBA students. " P (Engineering | Full-Time) (d) If a student was an undergraduate business major, what is the probability that the student intends to attend classes full-time in pursuit of an MBA degree? P (Full-Time | Business) = (e) Let F denote the event that the student intends to attend classes full-time in pursuit of an MBA degree, and let B denote the event that the student was and undergraduate business major. Are events F and B independent? Select your answer - ✓
Transcribed Image Text:7. 8. 9. ♥ ● O Intended Full-Time Enrollment Part-Time Status Totals Intended Enrollment Status Business Engineering Other Totals 325 197 251 773 150 161 194 505 358 445 1,278 If required, round your answers to four decimal places. (a) Develop a joint probability table for these data. 475 Full-Time Part-Time Totals Undergraduate Major Business Engineering Other Totals (b) Use the marginal probabilities of undergraduate major (business, engineering, or other) to comment on which undergraduate major produces the most potential MBA students. P(B) = , P(E)= , and P(O) = (c) If a student intends to attend classes full-time in pursuit of an MBA degree, what is the probability that the student was an undergraduate engineering major? so business is the undergraduate major that produces the most potential MBA students. " P (Engineering | Full-Time) (d) If a student was an undergraduate business major, what is the probability that the student intends to attend classes full-time in pursuit of an MBA degree? P (Full-Time | Business) = (e) Let F denote the event that the student intends to attend classes full-time in pursuit of an MBA degree, and let B denote the event that the student was and undergraduate business major. Are events F and B independent? Select your answer - ✓
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