A Survey of Business Students Who Had Taken the Graduate

question 20

Short Answer

A survey of business students who had taken the Graduate Management Admission Test (GMAT) indicated that students who have spent at least five hours studying GMAT review guides have a probability of 0.85 of scoring above 400. Students who do not review have a probability of 0.65 of scoring above 400. It has been determined that 70% of the business students review for the test.
a.Find the probability of scoring above 400.
b.Find the probability that a student who scored above 400 reviewed for the test.

---

Definitions:

External Image

The perception of an organization or individual by those outside of it, influenced by public relations, media representation, and other external communications.

Shared Philosophies

Commonly held beliefs, values, and ideologies among a group of individuals or within an organization.

Cultural Routines

Established patterns of behavior or practices that are characteristic of a particular culture or society.

Organizational Culture

The collective values, beliefs, and principles of organizational members, which shapes the organization's practices and behaviors.