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1. Of all the students who take the CPA examination, one-fourth have a Master’s degree and...

1. Of all the students who take the CPA examination, one-fourth have a Master’s degree and the remainder have Bachelor’s degrees. Half of the students with Bachelor’s degrees pass the examination, and three-fourths of those with Master’s degrees pass.

a. Create a joint probability table that represents this information.

b. Find the probability that a student chosen at random from those taking the exam will pass.

c. What is the probability that a student both has a Bachelor’s degree and passes the examination?

Math   Statistics-And-Probability   
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