What is joint probability

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Reference no: EM131455184

Question: In a survey of MBA students, the following data were obtained on "students' first reason for application to the school in which they matriculated."

a. Develop a joint probability table for these data.

b. Use the marginal probabilities of school quality, school cost or convenience, and other to comment on the most important reason for choosing a school.

c. If a student goes full time. what is the probability that school quality is the first reason for choosing a school?

d. If a student goes part time, what is the probability that school quality is the first reason for choosing a school?

e. Let A denote the event that a student is full time and let B denote the event that the student lists school quality as the first reason for applying. Are events A and B independent? Justify your answer.

Reference no: EM131455184

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