The Following Table Shows the Number of Students in Three

question 55

Essay

The following table shows the number of students in three different degree programs and whether they are graduate or undergraduate students:

a.What is the probability that a randomly selected student is an undergraduate?
b.What percentage of students is engineering majors?
c.If we know that a selected student is an undergraduate, what is the probability that he or she is a business major?
d.A student is enrolled in the Arts and Sciences school. What is the probability that the student is an undergraduate student?
e.What is the probability that a randomly selected student is a graduate Business major?

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Definitions:

Half-Year Convention

The Half-Year Convention is a method for calculating depreciation in which all assets acquired during a year are considered to have been acquired at the midpoint of the year.

Real Property

Land and anything permanently affixed to it, such as buildings, fences, and those things attached to the buildings.

MACRS

The Modified Accelerated Cost Recovery System, a method of depreciation in the U.S. for tax purposes, allowing businesses to recover investments in certain property over time.

Standard Mileage Rate

The Standard Mileage Rate is a set amount per mile provided by the IRS that taxpayers can use to calculate deductible vehicle expenses for business, charitable, medical, or moving purposes.