A Campus Program Evenly Enrolls Undergraduate and Graduate Students

question 2

Multiple Choice

A campus program evenly enrolls undergraduate and graduate students.If a random sample of 4
Students is selected from the program to be interviewed about the introduction of a new fast food
Outlet on the ground floor of the campus building, what is the probability that all 4 students
Selected are undergraduate students?

• A) 0.0256
• B) 0.0625
• C) 0.16
• D) 1.00

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Definitions:

Data Mining

The process of searching for valuable business information in a large database, data warehouse, or data mart.

OLAP

Online Analytical Processing; a category of software tools that provides analysis of data stored in a database and supports complex analytical and ad-hoc queries, usually in multiple dimensions.

Upselling

A sales technique where sellers encourage customers to purchase higher-end products, upgrades, or add-ons to generate more revenue.

Sales Transaction

The process of exchanging goods, services, or assets in return for money between a seller and buyer.