SCENARIO 4-8 According to the Record of the Registrar's Office at a at a State

question 116

Short Answer

SCENARIO 4-8
According to the record of the registrar's office at a state university,35% of the students are freshman,25% are sophomore,16% are junior and the rest are senior.Among the freshmen,sophomores,juniors and seniors,the portion of students who live in the dormitory are,respectively,80%,60%,30% and 20%.
-Referring to Scenario 4-8,what is the probability that a randomly selected student is a junior or senior who lives in a dormitory?

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Definitions:

Operating Departments

Sections or divisions within a business that are responsible for carrying out its core operations, as opposed to support or administrative departments.

Direct Method

A way of preparing a cash flow statement where actual cash flows from operating activities are listed directly.

Service Department Costs

Expenses associated with departments that do not directly produce goods but provide support services, such as maintenance or security.

Operating Departments

Units or sectors within a business that are directly involved in performing the main function or activity of the organization.