Question

In: Statistics and Probability

In a survey of MBA students, the following data were obtained on “students’ first reason for...

In a survey of MBA students, the following data were obtained on “students’ first reason for application to the school in which they matriculated.” Reason for Application School School cost or Quality Convenience Other Totals Enrollment Status Full Time 421 393 76 890 Part Time 400 593 46 1039 Totals 821 986 122 1929 (a) Develop a joint probability table for these data. (b) Use the marginal probabilities of school quality, school cost or convenience, and other to comment on the most important reason for choosing a school. (c) If a student goes full time, what is the probability that school quality is the first reason for choosing a school? (d) If a student goes part time, what is the probability that school quality is the first reason for choosing a school? (e) Are the enrollment status and the reason for application independent? Explain using probabilities.

Solutions

Expert Solution

Following is the given table:

School quality School cost or convenience Other Totals
Enrollment status Full time 421 393 76 890
Part time 400 593 46 1039
Totals 821 986 122 1929

(a)

To find the joint probability table for these data we need to divide each cell value by 1929. Following table shows the jotnt probability table rounded to 4 decimal places:

School quality School cost or convenience Other Totals
Enrollment status Full time 0.2182 0.2037 0.0394 0.4614
Part time 0.2074 0.3074 0.0238 0.5386
Totals 0.4256 0.5111 0.0632 1

(b)

Column totals shows the marginal probabilities of school quality, school cost or convenience, and other. The marginal probabilities are:

School quality School cost or convenience Other
Probability 0.4256 0.5111 0.0632

(c)

Out of 890 students goes full time, for 421 school quality is the first reason for choosing a school is

(d)

Out of 1039 students goes part time, for 400 school quality is the first reason for choosing a school is

(e)

Since so the enrollment status and the reason for application are not independent.


Related Solutions

A survey of MBA graduates of a business school obtained data on the first-year salary after...
A survey of MBA graduates of a business school obtained data on the first-year salary after graduation and years of work experience prior to obtaining their MBA. The data are given in excel. Q: Write out the assumptions of simple linear regression. Use the output to validate assumptions or indicate if an assumption is not met. Experience Salary 8 113.9 5 112.5 5 109 11 125.1 4 111.6 3 112.7 3 104.5 3 100.1 0 101.1 13 126.9 14 97.9...
A survey of MBA graduates of a business school obtained data on the first-year salary after...
A survey of MBA graduates of a business school obtained data on the first-year salary after graduation and years of work experience prior to obtaining their MBA. The data are given in excel. 1. Run the regression analysis (Include all options). Report the least squares regression line. Give the 95% confidence interval for the least squares estimate of the slope. Report the correlation coefficient. Interpret.  Report the coefficient of determination. Interpret. and  Use the ANOVA output and write out the hypothesis being...
In a recent survey, the following data were obtained in response to the question “When making...
In a recent survey, the following data were obtained in response to the question “When making a purchase, do you prefer to pay with cash or a credit card?” The responses are listed in the table. Gender Cash Credit Card Total Males 21 39 60 Females 15 25 40 Total 36 64 100 What is the probability that a randomly selected person is a female and prefers to pay with cash?
In a survey of 233 people, the following data were obtained relating gender to political orientation:...
In a survey of 233 people, the following data were obtained relating gender to political orientation: Republican (R) Democrat (D) Independent (I) Total Male (M) 64 37 16 117 Femal (F) 50 50 16 116 Total 114 87 32 233 A person is randomly selected. What is the probability that the person is: a) Male?   b) Male and a Democrat? c) Male given that the person is a Democrat? d) Republican given that the person is Male? e) Female given...
In a survey of 233 people, the following data were obtained relating gender to political orientation:...
In a survey of 233 people, the following data were obtained relating gender to political orientation: Republican (R) Democrat (D) Libertarian (L) Total Male (M) 53 55 7 115 Female (F) 62 44 12 118 Total 115 99 19 233 A person is randomly selected. What is the probability that the person is: a) Male? b) Male and a Democrat? c) Male given that the person is a Democrat? d) Republican given that the person is Male? e) Female given...
the students answered a survey and the following information was obtained. •70% of students regularly attended...
the students answered a survey and the following information was obtained. •70% of students regularly attended the classes. •85% of students who attended the classes passed .•40% of students who didn’t attend the classes failed. Alice, a random students from that class, has passed this course. What is the probability that she has attended the classes?
In a survey of 100 NAU students, the following information was obtained:                45 students had taken...
In a survey of 100 NAU students, the following information was obtained:                45 students had taken an accounting class                40 students had taken an economics class                29 students had taken a marketing class                15 students had taken both accounting and economics classes                14 students had taken both economics and marketing classes                22 students had taken both accounting and marketing classes                12 students had taken all three classes 1. How many students took accounting and marketing classes, but not an economics...
survey of the MBA students at a university in the United States classified the country of...
survey of the MBA students at a university in the United States classified the country of origin of the students as seen in the table. Two-year MBA Evening MBA Total Asia 31 33 64 Europe 5 0 5 Latin America 20 1 21 Middle East 5 5 10 North America 103 65 168 Total 164 104 268 What percent of all MBA students were from North America? What percent of the Two-year MBA students were from North America? What percent...
In a survey of 177 people, the following data were obtained relating gender to color-blindness: Color-Blind...
In a survey of 177 people, the following data were obtained relating gender to color-blindness: Color-Blind (C) Not Color - Blind Total Male (M) 92 36 128 Female (F) 33 16 49 Total 125 52 177 A person is randomly selected. What is the probability that the person is: a) Male?    b) Male and Color-blind?   c) Male given that the person is Color-blind?   d) Color-blind given that the person is Male?   e) Female given that the person is not Color-blind?  ...
The following data were collected from a survey of 10 randomly selected college students: Find the...
The following data were collected from a survey of 10 randomly selected college students: Find the mean, median, mode, variance, standard deviation, the five number summary report of the hours per week of the sample of students’ studied. Show your work. Student ID Facebook # hours of study per week 244701130 Yes 8 302896051 no 5 734077249 yes 11 891072704 yes 5 730265917 yes 9 894866913 no 6 644678646 no 1 369417477 yes 1 388511718 yes 2 554470987 no 1
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT