5. A survey of MBA students obtained the following data on “Students’ first reason for application to the school in which they matriculated.”
Quality |
Cost/Convenience |
Other |
||||
Full Time |
421 |
393 |
76 |
|||
Part-Time |
400 |
593 |
46 |
You select a student at random. What
is the probability they:
a. Are a full-time student?
b. Chose their school for cost/convenience reasons?
c. Chose their school for quality given that they are a full-time student?
d. Chose their school for quality and are a full-time student?
e. Chose their school for cost/convenience or are a part-time student?
** Please show work
f. Are enrollment status and reason for application independent
events? Prove.
Quality | Cost/Convenience | Other | Total | |
Full-time | 421 | 393 | 76 | 890 |
Part-time | 400 | 593 | 46 | 1039 |
Total | 821 | 986 | 122 | 1829 |
(a) The probability that they are a full-time student
= Number of full-time students/Total number of students = 890/1829
= 0.4866
(b) The probability that they chose their school for cost/convenience reasons = 986/1829 = 0.5391
(c) The required probability = P(Quality and Full-time)/P(Full-time)
= 421/890 = 0.4730
(d) The required probability = 421/1829 = 0.2302
(e) The required probability = P(cost/convenience) + P(part time) - P(cost/convenience and part time)
= 986/1829 + 1039/1829 - 593/1829
= 1432/1829 = 0.7829
(f) No, the events enrollment status and reason for application are not independent.
Since P(Student chose their school for quality) = 821/1829 = 0.4489 is not equal to the Probability that a student chose their school for quality given that they are a full-time student.
Get Answers For Free
Most questions answered within 1 hours.