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Joe Is Considering Pursuing an MBA Degree P( Accept at A)=.25=P( Accept at A Re ject at B)=(.25)(.60).60=.15.60=.25P(\text { Accept at } A)=.25=P(\text { Accept at } A \mid \text { Re ject at } B)=\frac{(.25)(.60)}{.60}=\frac{.15}{.60}=.25

Question 1

Multiple Choice

Joe is considering pursuing an MBA degree.He has applied to two different universities.The acceptance rate for applicants with similar qualifications is 25 percent for University A and 40 percent for University B.Is the acceptance decision at University A independent of the acceptance decision at University B?


A) Yes
B) No
P( Accept at A) =.25=P( Accept at A Re ject at B) =(.25) (.60) .60=.15.60=.25P(\text { Accept at } A) =.25=P(\text { Accept at } A \mid \text { Re ject at } B) =\frac{(.25) (.60) }{.60}=\frac{.15}{.60}=.25

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