University Degree Requirements Typically Are Different for Bachelor of Science

question 8

Multiple Choice

University degree requirements typically are different for Bachelor of Science degrees and Bachelor of Arts degrees. Some students get a Bachelor of Arts and Science degree, which requires meeting graduation criteria for both degrees. A student advisor needs to know the probability a newly admitted student is interested in such a program, so that the student can be properly advised. A study of previous years finds that the probability a student gets a Bachelor of Science degree is P(Science) = 0.3 and the probability a student gets a Bachelor of Arts degree is P(Arts) = 0.6. The probability of getting a Bachelor of Science degree, given that a student is getting a Bachelor of Arts degree, is given by P(Science | Arts) = 0.12. The probability of a student getting both a Bachelor of Arts degree and a Bachelor of Science degree is:

• A)0.12.
• B)0.6.
• C)0.072.
• D)0.3.

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Definitions:

Services

Activities or benefits provided by one party to another, often as a component of economic transactions where physical goods are not exchanged.

Revenue

Income generated from normal business operations, often from the sale of goods and services to customers.

Credit Customer

A customer who purchases goods or services on credit, agreeing to pay at a later specified date.

Expense

Money spent or cost incurred in an entity's efforts to generate revenue.