The High School GPAs of Applicants for Admission to a College

question 46

Essay

The high school GPAs of applicants for admission to a college program are recorded and relative frequencies are calculated for the categories.

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:

Financing

The act of providing funds for business activities, making purchases, or investing, which can come from various sources such as loans, equity investments, and sales revenue.

Company's Value

The worth of a company, determined by factors such as market capitalization, revenue, profit, assets, and more.

Convertible Debt

A type of investment or loan that can be converted into equity, or shares, of the borrowing company under certain conditions, often used by startups.

Valuation

The process of determining the present value of an asset or a company.