Examlex

Solved

The High School GPAs of Applicants for Admission to a College

question 24

Essay

The high school GPAs of applicants for admission to a college program are recorded and relative frequencies are calculated for the categories.  GPA f(x)x<2.0.082.0x<2.5.122.5x<3.0.353.0x<3.5.303.5x\begin{array} { c c } \text { GPA } & f ( x ) \\\hline x < 2.0 & .08 \\2.0 \leq x < 2.5 & .12 \\2.5 \leq x < 3.0 & .35 \\3.0 \leq x < 3.5 & .30 \\3.5 \leq x\end{array}
a.Complete the table to make this a valid probability distribution.
b.What is the probability an applicant's GPA will be below 3.0?
c.What is the probability an applicant's GPA will be 2.5 or above?


Definitions:

Shareholders

Individuals or entities that own shares in a corporation, thereby having ownership in and potential financial claim on its assets and earnings.

Consolidation Working Papers

Documents used in preparing consolidated financial statements, detailing the adjustments and eliminations made.

Consolidated Financial Statements

Financial statements that present the financial position and results of operations for a group of companies as if they were a single economic entity.

Parent-Company Extension Method

An accounting method where the financial statements of the parent company include its investments in subsidiaries without consolidating their individual financial statements.

Related Questions