Forty Percent of the Students Who Enroll in a Statistics

question 87

Short Answer

Forty percent of the students who enroll in a statistics course go to the statistics laboratory on a regular basis. Past data indicates that 65% of those students who use the lab on a regular basis make a grade of A in the course. On the other hand, only 10% of students who do not go to the lab on a regular basis make a grade of A. If a particular student made an A, determine the probability that she or he used the lab on a regular basis.

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Definitions:

Human Resources Planning

The process of forecasting an organization’s future human resources needs and developing strategies for meeting those needs, including recruiting, training, and retaining employees.

Organizational Strategy

A plan of action designed to achieve long-term or overall goals and objectives of an organization.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or the community.

Balanced Scorecard

A strategic planning and management system used by organizations to communicate what they are trying to accomplish, align the day-to-day work that everyone is doing with strategy, measure and monitor progress towards strategic targets.