Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Chapter 14.2, Problem 4P
Summary Introduction
To classify: The applicants based on the given variables.
Introduction: Simulation model is the digital prototype of the physical model that helps to
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The Commission of Education reported that 47% of college freshmen earn a degree and graduate within 5 years. Assume that the graduation records show that women make up 50% of the students who graduated within 5 years, but only 45% of the students who did not graduate within 5 years. The students who had not graduated within 5 years either dropped out or were still working on their degrees.
a. Let A1 = the student graduated within 5 yearsA2 = the student did not graduate within 5 yearsW = the student is a female student
Using the given information, what are the values for P(A1), P(A2), P(W ǀ A1)and P(W ǀ A2)?
P(A1) = ____________ P(W ǀ A1) = _______P(A2) = ____________ P(W ǀ A2) = _______
b. What is the probability that a female student will graduate within 5 years?Identify the values of the following:P(A1)P(W/A1)P(A1 ∩ W)P(A1/W)P(A2)
P(W/A2)
P(A2 ∩ W)P(A2/W)
P(W) = _______
c. What is the probability that a male student will graduate within 5 years?
d. Given the preceding results, what…
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