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Exhibit 10.2
The following questions are based on the problem description and the output below.
A college admissions officer wants to evaluate graduate school applicants based on their GMAT scores, verbal and quantitative. Students are classified as either successful (Group 1) , marginally successful (Group 2) or not-successful (Group 3) in their graduate studies. The officer has data on 20 current students, 7 successful (Group 1) , 6 marginally successful (Group 2) and 7 not successful (Group 3) .
-Refer to Exhibit 10.2. What number of observations is classified incorrectly?
P(A ∩ B)
The probability of the intersection of events A and B, indicating the likelihood of both events occurring simultaneously.
P(B)
The probability notation representing the likelihood of event B occurring.
Indian Slave Trade
The historical practice of enslavement and trade of indigenous peoples of the Americas, especially prevalent during the European colonization era.
French Colonial Control
The period during which France established and maintained colonies in various parts of the world, notably in Africa, Asia, and the Americas, from the 16th to the 20th century.
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