Instruction 4.8 According to the Record of the Registrar's Office at a at a University

question 70

Short Answer

Instruction 4.8
According to the record of the registrar's office at a university, 35% of the students are first-year, 25% are second-year, 16% are third-year and the rest are doing their honours year. Among the first-year, second-year, third-year and honours students, the portion of students who live in a residential college are, respectively, 80%, 60%, 30% and 20%.
-Referring to Instruction 4.8,what is the probability that a randomly selected student is a third-year student who does not live in a residential college?

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Definitions:

Liabilities

Obligations that a company owes to others, including loans, accounts payable, mortgages, and other debts.

Signature Cards

Documents that a bank or financial institution requires account holders to sign, creating a record of the account holder's signature for verification purposes.

Deposit Tickets

Paper forms used to credit deposited funds to a bank account.

Days' Sales Uncollected

A financial metric that measures the average number of days it takes for a company to collect payment after a sale has been made.