What can the sponsor expect to pay on average

Reference no: EM131064830

Every student in a certain program of studies takes all three of courses A, B, and C. The average enrollment in the program is 50 students.Past history shows that on the average:

(1) 5 students in course A receive marks of at least 75%.

(2) 7.5 students in course B receive marks of at least 75%.

(3) 6 students in course C receive marks of at least 75%.

(4) 80% of students who receive marks of at least 75% in course A also do so in course B.

(5) 50% of students who receive marks of at least 75% in course B also do so in course C.

(6) 60% of students who receive marks of at least 75% in course C also do so in course A.

(7) 10 students receive marks of at least 75% in one or more of these classes. A sponsor gives a scholarship of $500 to anyone who receives a mark of at least 75% in all three courses. What can the sponsor expect to pay on average?

Reference no: EM131064830

Questions Cloud

What is the portfolio expected return : Consider the following information about three stocks: State of Probability of Rate of Return if State Occurs Economy State of Economy Stock A Stock B Stock C Boom 0.3 0.2 0.25 0.60 Normal 0.45 0.15 0.11 0.05 Bust 0.25 0.01 -0.15 -0.50 a. What are th..

Why is self-awareness important for being a good manager : Why is self-awareness important for being a good manager? Describe some negative consequences that might result from a manager with low self-awareness.

Confidence interval for the average number of chips : Create a 95% confidence interval for the average number of chips. Is your confidence interval at all consistent with Nabisco's advertising claim, or does it make it seem unlikely

Do a simple risk calculation using the sle x aro = ale : Explain your entries. Share with your classmates two possible actions you would recommend to reduce the risk for your company. Cite your resources.

What can the sponsor expect to pay on average : 10 students receive marks of at least 75% in one or more of these classes. A sponsor gives a scholarship of $500 to anyone who receives a mark of at least 75% in all three courses. What can the sponsor expect to pay on average

What is the optimal capital structure for this firm : The cost of both depth equity and capital rise as a firm increases its reliance on one or the other. Suppose that a for-profit company has identified the following costs for debt and equity: What is the optimal capital structure for this firm?

Considering replacing the latex molding machine : The ABD company is considering replacing the latex molding machine it uses to fabricate rubber boots with a newer, more efficient model. The old machine has a book value of $450,000 and a remaining useful life of 5 years. ABD can sell it now to anoth..

Which files match with the pattern file[abc] : which files match with the pattern " file[ABC] "

Considering new project outside of current line of business : Texas Utensils is considering a new project outside of its current line of business. The project would cost $500,000 initially and would generate revenue of $60,000 next year which would grow at 4% per year indefinitely. What is the highest discount ..

User Account

All Pages