User Account

All Pages

What is the prior probabilty that she complete the degree

Assignment Help Basic Statistics
Reference no: EM13960375

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?

Reference no: EM13960375

Questions Cloud

Strategic plans for worldwide growth : You were recently hired as the VP of Logistics for the ABC Manufacturing Company. This is a new position. During the lengthy interview process, the CEO shared her strategic plans for worldwide growth in the company's consumer sales. Previously, sa..
Choice between two envelopes : Consider a game where a person is given the choice between two envelopes both containing money but one envelope with double the amount in the other envelope.
How could costly duplication of activities : How could costly duplication of activities occur in a decentralized operating environment?
Calculate the number of possible combinations of poker hands : calculate a probabilty of getting 2 aces or 2 kings
What is the prior probabilty that she complete the degree : Given that she scores 575 on the GMAT test, what is posterior probability that she will complete her MBA
Which provides the best information on profitability : Which provides the best information on profitability: a single overhead cost pool with head- count as the allocation base, or multiple cost pools using headcount, sales, and space occupied?
Step-by-step mrp calculation process : Utilizing the Step-by-Step MRP Calculation Process, students will solve the following MRP problem given: Product A is an end item and is made from two units of B and four of C. B is made of three units of D and two of E. Product C is made of two u..
What is the probabilty of gettin 2 or fewer cubs of 5 cards : Calculate probabilites of gettin from 0 to 5 clubs on a hand
Calculate tension in newtons of cable attached to point c : A single cable supports a solid circular disk A and block B. The masses are 40kg and 25kg respectively. There is no slipping between the disk and cable. After the block is released from rest, determine the angular acceleration in. rad/s2 of the dis..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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