The data file Colleges contains data on more than 1,300 colleges and universities in the United States.
Question:
a. What is the probability that the grant will go to a private college or university?
b. What is the probability that the grant will go to a college or university that has a student/faculty ratio over 20?
c. What is the probability that the grant will go to a college or university that is both private and has a student/faculty ratio over 20?
d. If the company decides to split the grant into two grants, what is the probability that both grants will go to California colleges and universities? What might you conclude if this did happen?
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Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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