Suppose a Standardized Exam for Admission to a Special Program

question 83

Multiple Choice

Suppose a standardized exam for admission to a special program has been passed by 54% of the students taking it over the last five years. Suppose that 1368 of 2400 students taking the test this year pass. What is the probability that at least 1368 would pass if the pass rate is 54%? Round your answer to four decimal places. ​

• A)0.0017
• B)0.9983
• C)0.1072
• D)0.2956
• E)0.4000

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Definitions:

Competitive

Relating to or characterized by rivalry between entities such as businesses or individuals striving for the same objective or market dominance.

Product Innovation

The development and market introduction of a new or significantly improved good or service, with enhanced features or capabilities.

Feasibility Planning

The process of analyzing and evaluating the potential of a proposed project or business to determine if it is technically, financially, and legally possible.

Initial Experimentation

The first phase of testing or trial in the process of research or development, where theories or hypotheses are explored to gather early insights.