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Larry is a high school senior. Larry s goal in life is to either ( 1 ) become a partner at the most elite business
Larry is a high school senior. Larrys goal in life is to either become a partner at the most elite business law firm in the world or become a professional football player in the National Football League. The law firm, Dewey, Cheathum, & Howe, only hires their associates from Harvard Law School. To make partner at DCH the employee must remain employed at the firm for six years. The average length of employment for a new hire at the law firm is years, and the distribution for employment actually follows an exponential distribution. To get accepted into Harvard Law School, a student must score a minimum of a on the LSAT and have a GPA for their undergraduate degree. The LSAT has a range of and is scored on a normal distribution with a mean of and a standard deviation of points. College GPAs are also normally distributed with a mean of and a standard deviation of You may assume that GPA and LSAT are independent of each other. The vast majority of Harvard Law School students attend an Ivy League school for their undergraduate program, with many doing their undergraduate at Harvard College. Ivy League schools require SAT scores, which are also normally distributed. SAT scores range from with a mean in the US of and a standard deviation of The minimum score to be accepted at an Ivy League school for Undergrad is In the United States, individuals play high school football each year. Of those players, of them will play football in college. Of those who play in college, will play in the NFL If Larrys academic and athletic skills are equal, and Larry wants to choose the option that gives him the highest probability of success at achieving one of his goals, which direction should Larry choose and why?
Larry is a high school senior. Larrys goal in life is to either become a partner at the most
elite business law firm in the world or become a professional football player in the National
Football League.
The law firm, Dewey, Cheathum, & Howe, only hires their associates from Harvard Law School.
To make partner at DCH the employee must remain employed at the firm for six years. The
average length of employment for a new hire at the law firm is years, and the distribution
for employment actually follows an exponential distribution.
To get accepted into Harvard Law School, a student must score a minimum of a on the LSAT
and have a GPA for their undergraduate degree. The LSAT has a range of and is
scored on a normal distribution with a mean of and a standard deviation of points.
College GPAs are also normally distributed with a mean of and a standard deviation of
You may assume that GPA and LSAT are independent of each other.
The vast majority of Harvard Law School students attend an Ivy League school for their
undergraduate program, with many doing their undergraduate at Harvard College. Ivy League
schools require SAT scores, which are also normally distributed. SAT scores range from
with a mean in the US of and a standard deviation of The minimum score to be
accepted at an Ivy League school for Undergrad is
In the United States, individuals play high school football each year. Of those players,
of them will play football in college. Of those who play in college, will play in the
NFL
If Larrys academic and athletic skills are equal, and Larry wants to choose the option that gives
him the highest probability of success at achieving one of his goals, which direction should Larry
choose and why?
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