Each probability in the body of a joint probability table represents the intersection of two events. Displaying the given data in terms of probabilities allows us to make comparisons about the events in the data. The joint probability table will be set up in much the same way as the given data table. Recall the given data. Intended) Enrollment Status 1 2 3 4 5 Full-Time Part-Time 6 Totals A Undergraduate Major Business Engineering Other Totals Intended Enrollment Status 350 148 498 B 199 Full-Time Part-Time Totals 159 Copy and paste this data into an Excel spreadsheet using the following format. D C Undergraduate Major Business Engineering Other 249 196 445 358 350 148 498 249 196 -C3/5 798 503 445 1,301 199 159 358 E F Totals 798 503 1,301 Recall that the probability of an event is found by dividing the number of times an event occurs by the number of all possible outcomes. The probabilities that will be developed are for all students, so each value in the table will be divided by the number of -Select-- 0 To simplify calculations and avoid errors, a formula should be entered to determine one probability and then copied and pasted to other cells, Using absolute cell referencing can help accomplish this. Thus, the formula that can be used to calculate the probability that a student majored in Business as an undergraduate and intends to pursue their MBA full-time--Select- ind
Each probability in the body of a joint probability table represents the intersection of two events. Displaying the given data in terms of probabilities allows us to make comparisons about the events in the data. The joint probability table will be set up in much the same way as the given data table. Recall the given data. Intended) Enrollment Status 1 2 3 4 5 Full-Time Part-Time 6 Totals A Undergraduate Major Business Engineering Other Totals Intended Enrollment Status 350 148 498 B 199 Full-Time Part-Time Totals 159 Copy and paste this data into an Excel spreadsheet using the following format. D C Undergraduate Major Business Engineering Other 249 196 445 358 350 148 498 249 196 -C3/5 798 503 445 1,301 199 159 358 E F Totals 798 503 1,301 Recall that the probability of an event is found by dividing the number of times an event occurs by the number of all possible outcomes. The probabilities that will be developed are for all students, so each value in the table will be divided by the number of -Select-- 0 To simplify calculations and avoid errors, a formula should be entered to determine one probability and then copied and pasted to other cells, Using absolute cell referencing can help accomplish this. Thus, the formula that can be used to calculate the probability that a student majored in Business as an undergraduate and intends to pursue their MBA full-time--Select- ind
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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