Question
These days with the cost of a college education it is important to be able to graduate with a bachelors degree in 4 years. The
These days with the cost of a college education it is important to be able to graduate with a bachelors degree in 4 years. The National Association of Independent Colleges and Universities (NAICU) certainly would encourage students to attend independent schools. They provided the following information:
(i)20% of all college students attend private colleges and universities.
(ii)55% of all college students graduate in 4 years.
(iii)79%
of students attending private colleges and universitiesgraduate in 4 years.
What is the probability that a randomly chosen student attended a private schoolandgraduated in 4 years?
.55 / .79 = .6962
.20 / .55 = .3636
.20 / .79 = .2532
.55 * .79 = .4345
.20 * .55 = .11
.20 * .79 = .158
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