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These days with the cost of a college education it is important to be able to...

These days with the cost of a college education it is important to be able to graduate with a bachelors degree in 4 years. The National Association of Independent Colleges and Universities (NAICU) certainly would encourage students to attend independent schools. They provided the following information:

(i) 20% of all college students attend private colleges and universities.

(ii) 55% of all college students graduate in 4 years.

(iii) 79% of students attending private colleges and universities graduate in 4 years.

What is the probability that a randomly chosen student attended a private school and graduated in 4 years?

a.) .55 / .79 = .6962

b.) .20 / .55 = .3636

c.) .20 / .79 = .2532

d.) .55 * .79 = .4345

e.) .20 * .55 = .11

f.) .20 * .79 = .158

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