11 points Graduate School Jaime is applying for graduate school at a local university in the...
(11 points) Graduate School. Jaime is applying for graduate school at a local university. In the past, 43% of the applicants to this university have been accepted. It is also known that 69% of those students who have been accepted have had GMAT scores in excess of 550 while 38% of the students who were not accepted had GMAT scores in excess of 550. Use this information and a theoretical group of 10,000 applicants to construct a table for this...
The Graduate Management Admission Test (GMAT) is taken by individuals interested in pursuing graduate management education. GMAT scores are used as part of the admissions process for more than 6100 graduate management programs worldwide. The mean sore for all test-takers is 550 with a standard deviation of 120 A researcher in the Philippines is concerned about the performance of undergraduates in the Philippines on the GMAT. She believes that the mean scores for this year's college seniors in the Philippines...
Westmore MBA Program The MBA program at Westmore University has undergone several dramatic changes over the past five years. During this time, the goal of the business school was to recruit as many students as possible into the MBA program in order to build up their student base and credit hour production. A massive campaign was launched five years ago in order to attract more applicants to the program. Special brochures containing information about the program were printed and mailed...
Consider the following table of counts, based on data from the University of California at Berkeley's graduate admissions process in 1973. School officials, who feared bias and potentially being sued, asked a statistician to examine the data. Men Accepted 533 Denied 665 Total 1198 Women Total 113 646 336 1001 449 a) Why is it not reasonable to simply consider the counts 533 and 113 in order to compare admissions decisions of men and women? b) Calculate the proportion of...
QUESTION 3 10 points Save Answer In order to help determine acceptance criteria for their graduate school, an admissions committee at a large university examines random samples of 120 GRE scores, which follow a bell-shaped distribution. The sampling distribution is used to determine the minimum GRE score accepted when applying to the university's graduate school program. Can use CLT Cannot use CLT On> 30 On<30 Problem states that the original distribution is normal. QUESTION 4 10 points Save Answer European...
A large number of applicants for admission to graduate study in business are given an aptitude test. Scores are normally distributed with a mean of 460 and standard deviation of 80. What fraction of the applicants would you expect to have a score of 400 or above
Each year U.S. News & World Report conducts its "Survey of America's Best Graduate and Professional Schools." The top 25 business schools in 1991, as determined by reputation, student selectivity, placement success, and graduation rate, are listed in the table. For each school, three variables were measured: (1) GMAT score for the typical incoming student; (2) student acceptance rate (percentage accepted of all students who applied); and (3) starting salary of the typical graduating student. School GMAT Acc. Rate (%)...
A large number of applicants for admission to graduate study in business are given an aptitude test. Scores are normally distributed with a mean of 460 and standard deviation of 80. What fraction of the applicants would you expect to have a score of 400 or above? If the random variable Z has a standard normal distribution, then PIZ's -1.37) is:
The combined SAT scores for the students at a local high school are normally distributed with a mean of 1453 and a standard deviation of 297. The local college includes a minimum score of 651 in its admission requirements. What percentage of students from this school earn scores that fail to satisfy the admission requirement? P(X < 651) = % Enter your answer as a percent accurate to 1 decimal place (do not enter the "%" sign). Answers obtained using...
The combined SAT scores for the students at a local high school are normally distributed with a mean of 1530 and a standard deviation of 296. The local college includes a minimum score of 820 in its admission requirements. What percentage of students from this school earn scores that satisfy the admission requirement? P(X > 820) = % Enter your answer as a percent accurate to 1 decimal place (do not enter the "%" sign). Answers obtained using exact z-scores or...