Restricting the sample space to females

Assignment Help Business Economics
Reference no: EM132140994

At Litchfield College of Nursing, 85% of incoming freshmen nursing students are female and 15% are male. Recent records indicate that 70% of the entering female students will graduate with a BSN degree, while 80% of the male students will obtain a BSN degree. If an incoming freshman nursing student is selected at random, find the following probabilities. (Enter your answers to three decimal places.)

(a) P(student will graduate | student is female)

(b) P(student will graduate and student is female)

(c) P(student will graduate | student is male)

(d) P(student will graduate and student is male)

(e) P(student will graduate). Note that those who will graduate are either males who will graduate or females who will graduate.

(f) The events described the phrases "will graduate and is female" and "will graduate, given female" seem to be describing the same students. Why are the probabilities P(will graduate and is female) and P(will graduate | female) different?

a.These probabilities are the same.

b. The term given refers to the sample space of all students, while the term and refers to restricting the sample space to females only.

 c.This is by chance. These probabilities are typically the same.

d.The term and refers to the sample space of all students, while the term given refers to restricting the sample space to females only.

Reference no: EM132140994

Questions Cloud

Write a script for a conversation among three family members : Write a script for a conversation among 3 family members that illustrated a dysfunctional cross-generational coalition. The script should be 1/3 to 1/2 of your
Confidence interval for the population proportion : In a survey of 3439 adults, 1418 say they have started paying bills online in the last year. Construct a? 99% confidence interval for the population proportion.
What principal agent problems exists in the market : Internal markets Define the term principal-agent problem. What principal agent problems exists in the market? What principal agent problems exist in a firm?
How have your perceptions of what a teacher is : Based on the readings and InTASC standards, how have your perceptions of what a teacher is and does changed?
Restricting the sample space to females : The term and refers to the sample space of all students, while the term given refers to restricting the sample space to females only.
Explain why the given is the case : Two networks are vying for dominance in the HDTV network, the United States and Europe. It has been said that the winner is likely determined by economies.
Identify health issues as they relate to concentration : Identifying your goals and specific actions as well as resources necessary to achieve those goals.
Discussing with you is introduction of e-prescribing : One of the many possible improvements that the CEO is discussing with you is the introduction of e-prescribing,
What leads to a patent race : The knowledge economy What leads to a patent race? Is such a race productive or unproductive? Hint: Think of how patents allow companies monopoly power.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd