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An admissions committee must select students for an MBA program. Past data show that 70% of students complete (C) the program. It is also known that 50% of the graduating students scored above 500 (A) on the GMAT test. While 20% of the dropouts (D) scored that well. Consider a new MBA student.
A) What is the prior probabilty that she will complete the degree
B) Given that she scores 575 on the GMAT test, what is posterior probability that she will complete her MBA
C) Given that she scores 450 on the test, what is the posterior probability that she will graduate?
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A two tailed test is conducted at 5% significance level what is the P-value required to reject the null hypothesis.
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A box in a certain supply room contains four 40 w light bulbs, five 60-W bulbs, and six 75-W bulbs. If two are randomly selected from the box and at least one of them is found to be rated 75-W.what is the probability that both of them are 40- W bu..
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Test the claim that the proportion of the people reporting imporvement was higher amoung the experimental treatment group than the control treatment. use z= 1.96.
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