An MBA new-matriculants survey provided the following data for 2,010 students. Applied to More Than One School Yes No 23 and under 207 218 24-26 299 379 Age 27-30 171 269 Group 31-35 50 196 36 and over 52 169 Round your answers to four decimal places. Do not round your intermediate calculations. a. For a randomly selected MBA student, prepare a joint probability table for the experiment consisting of observing the student's age and whether the student applied to one or more schools. More Than One Age Group Yes No Total 23 and under 24-26 27-30 31-35 36 and over Total b. What is the probability that a randomly selected applicant is 23 or under? c. What is the probability that a randomly selected applicant is older than 26? d. What is the probability that a randomly selected applicant applied to more than one school?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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An MBA new-matriculants survey provided the following data for 2,010 students.
Applied to More
Than One School
Yes
No
23 and under
207
218
24-26
299
379
Age
27-30
171
269
Group
31-35
50
196
36 and over
52
169
Round your answers to four decimal places. Do not round your intermediate calculations.
a. For a randomly selected MBA student, prepare a joint probability table for the experiment consisting of observing the student's age and whether the student applied to one or more schools.
More Than One
Age Group
Yes
No
Total
23 and under
24-26
27-30
31-35
36 and over
Total
b. What is the probability that a randomly selected applicant is 23 or under?
c. What is the probability that a randomly selected applicant is older than 26?
d. What is the probability that a randomly selected applicant applied to more than one school?
Transcribed Image Text:An MBA new-matriculants survey provided the following data for 2,010 students. Applied to More Than One School Yes No 23 and under 207 218 24-26 299 379 Age 27-30 171 269 Group 31-35 50 196 36 and over 52 169 Round your answers to four decimal places. Do not round your intermediate calculations. a. For a randomly selected MBA student, prepare a joint probability table for the experiment consisting of observing the student's age and whether the student applied to one or more schools. More Than One Age Group Yes No Total 23 and under 24-26 27-30 31-35 36 and over Total b. What is the probability that a randomly selected applicant is 23 or under? c. What is the probability that a randomly selected applicant is older than 26? d. What is the probability that a randomly selected applicant applied to more than one school?
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