Question

Suppose that there are 100 MBA students in the first-year class. Of these students, 20 of...

Suppose that there are 100 MBA students in the first-year class. Of these students, 20 of them have two years of work experience, 30 have three years of work experience, 15 have four years of work experience, and 35 have five or more years of work experience.

Suppose that a first-year MBA student is selected at random.

a) What is the probability that this student has at least 4 years of work experience?

b) Suppose that you are told that this student has at least 3 years of work experience. What is the conditional probability that this student has at least 4 years of work experience?

0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
Suppose that there are 100 MBA students in the first-year class. Of these students, 20 of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • In a large accounting firm, the proportion of accountants with MBA degrees and at least five...

    In a large accounting firm, the proportion of accountants with MBA degrees and at least five years of professional experience is 75% as large as the proportion of accountants with no MBA degree and less than five years of professional experience. Furthermore, 37% of the accountants in this firm have MBA degrees, and 45% have fewer than five years of professional experience. If one of the firm's accountants is selected at random, what is the probability that this accountant has...

  • 5. In a math class consisting of 21 students, suppose that 10 of the enrolled students...

    5. In a math class consisting of 21 students, suppose that 10 of the enrolled students are rated as “very proficient" in math, according to a standardized test. (a) (4 points) Suppose 4 students in the class are randomly selected to form a group and work on a project. What is the probability that all of the students in the group are rated as very proficient in math? (b) (4 points) If 4 students in the class are randomly selected,...

  • Suppose that the weight students gain in their first year of college is Normally distributed with...

    Suppose that the weight students gain in their first year of college is Normally distributed with a mean of 10 pounds and a standard deviation of 2 pounds. (a) What is the probability that a randomly selected student will gain between 6 and 8 pounds? (b) Suppose we pick 5 students at random. What is the probability at least one will gain between 6 and 8 pounds? (c) If 30 students are randomly selected, what is the probability that the...

  • There are 77 students in the MBA program at Systems Tech. In this class 39 students...

    There are 77 students in the MBA program at Systems Tech. In this class 39 students are taking statistics, 45 are taking finance, and 21 are taking both statistics and finance. If a student is chosen at random, find the probability that he or she is: a. taking either statistics or finance b. is not taking statistics

  • In a university class that includes 120 students, mostly non-traditional, the Mean age is 32, with...

    In a university class that includes 120 students, mostly non-traditional, the Mean age is 32, with a standard deviation 12 students, and with a narmal distribution. Six of these students are international students. What is the probability that, if one student is picked at a random, he/she be a teenager (12 to 19 years old)? You need to (somewhat) critically think about this before tackling it!! 1. 2. What is the probability that if ONE student is selected at random,...

  • In a university class that includes 120 students, mostly non-traditional, the Mean age is 32, with...

    In a university class that includes 120 students, mostly non-traditional, the Mean age is 32, with a standard deviation 12 students, and with a normal distribution. Six of these students are international students What is the probability that, if one student is picked at a random, he/she be a teenager (12 to 19 years old)? You need to (somewhat) critically think about this before tackling it!! 1. What is the probability that if ONE student is selected at random, he/she...

  • 3. Suppose there are 100 students in your accounting class, 10 of whom are left-handed. Two...

    3. Suppose there are 100 students in your accounting class, 10 of whom are left-handed. Two students are drawn at random. Draw the probability tree and insert the probability for each branch. a. What is the probability of the following events? b. Both are right-handed? c. Both are left-handed? d. One is right-handed and the other is left-handed? At least one is right-handed? oo b е. 4 Suppose you flip eight fair coins. What is the probability of flipping exactly...

  • i am in exam... please answer these questions 100% correctely... please also put graph as required...

    i am in exam... please answer these questions 100% correctely... please also put graph as required and all parts... i really have short deadline... In a university class that includes 120 students, mostly non-traditional, the Mean age is 32, with a standard deviation 12 students, and with a normal distribution. Six of these students are international students What is the probability that, if one student is picked at a random, he/she be a teenager (12 to 19 years old)? You...

  • In a high school graduating class of 100 students, 54 studied mathematics, 69 studied history, and...

    In a high school graduating class of 100 students, 54 studied mathematics, 69 studied history, and 35 studied both mathematics and history. If one of these students is selected at random, find the probability that (a) the student took mathematics or history; (b) the student did not take either of these subjects; (c) the student took history but not mathematics. . . . The probability that a married man watches a certain television show is 0.4, and the probability that...

  • A study by WPU showed that 50% of students attending an open house for the first...

    A study by WPU showed that 50% of students attending an open house for the first time will return for future open houses. Suppose six students are selected at random, what is the probability that: (a) Exactly two students will return? (b) All six students will return? (c) At least five students will return? (d) At least one student will return? (e) How many students would be expected to return for future open houses?

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT