According to recent figures from the National of Educational Statistics (US), 17.5% of all bachelor’s degrees are in business. 27% of bachelor’s degrees in business are obtained by women and 48.75% of other degrees are obtained by men.
a. Complete the table.
b. What is the probability that a randomly selected recent bachelor’s degree graduate will be a man?
c. What is the probability that a randomly selected recent bachelor’s degree graduate will be a man with a degree in business?
(d) What is the probability that a randomly selected female recent bachelor’s degree graduate will have a degree in business?
a) Table (values are given as decimals, not in percentages)
Bachelor's degree | Man | Woman | Total |
Business degree | 0.73x0.175 = 0.1278 | 0.27x0.175 = 0.0472 | 0.175 |
Other degree | 0.4875x0.175 = 0.4022 | 0.825-0.4022 = 0.4228 | 1 - 0.175 = 0.825 |
Total | 0.53 | 0.47 | 1 |
b) P(a randomly selected recent bachelor’s degree graduate will be a man) = 0.53
c) P(a randomly selected recent bachelor’s degree graduate will be a man with a degree in business) = 0.1278
d) P(a randomly selected female recent bachelor’s degree graduate will have a degree in business) = P(business degree and female) / P(female)
= 0.0472/0.47
= 0.10
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