Suppose that we have a data set of MBA students. This data set includes students' majors: accounting, finance, or marketing. Also, this data set has information on whether the same student earned a quantitative certificate (QC) or not. Earning QCNot Earning QCTotalAccounting.2.15.35Finance.2.1.3Marketing.3.05.35Total.7.3 1) Suppose we learn that a student has a major in either accounting or finance. What probability should we assing to the event that this student does NOT earn a quantitative certificate?2) Suppose we learn that a student earns a quantitative certificate. What probability should we assign to the event that this student has a major in either finance or marketing?

Name: Suppose that we have a data set of MBA students. This data set include
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Description: Suppose that we have a data set of MBA students. This data set includes students' majors: accounting, finance, or marketing. Also, this data set has information on whether the same student earned a quantitative certificate (QC) or not. Earning QCNot

Let A represent subject accounting and F represent Finance. So P (A or F) = P(A) + P(F) P(A) in not…

Answered: Suppose that we have a data set of MBA…

MATLAB: An Introduction with Applications

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ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

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Suppose that we have a data set of MBA students. This data set includes students' majors: accounting, finance, or marketing. Also, this data set has information on whether the same student earned a quantitative certificate (QC) or not.

	Earning QC	Not Earning QC	Total
Accounting	.2	.15	.35
Finance	.2	.1	.3
Marketing	.3	.05	.35
Total	.7	.3

1) Suppose we learn that a student has a major in either accounting or finance. What probability should we assing to the event that this student does NOT earn a quantitative certificate?

2) Suppose we learn that a student earns a quantitative certificate. What probability should we assign to the event that this student has a major in either finance or marketing?

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