Consider a student taking a 4 year BTech course in IIT Jammu. Let there be an...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Consider a student taking a 4 year BTech course in IIT Jammu. Let there be an efficiency score (EF) falling in the range [0, 50]. The students who are able to complete the course in 4 years have EF scores following a normal distribution with mean 30, and std 5. The students who are not able to complete the course in 4 years also have EF scores following normal distribution with mean 20 and std 4. Let G be the event that the student graduates in 4 years and let nG be the event that he does not graduate in 4 years. Suppose that 80% of the students who take admission are able to complete their graduation within 4 years. Let x denote the EF score of the student. [10] a) Then what is the probability that a student will graduate in 4 years given his EF score is x=25? b) How will you find out the min EF score that maximizes the probability that a student graduates in 5 years. First frame your problem, outline all major notations and solve step wise to show the results. Consider a student taking a 4 year BTech course in IIT Jammu. Let there be an efficiency score (EF) falling in the range [0, 50]. The students who are able to complete the course in 4 years have EF scores following a normal distribution with mean 30, and std 5. The students who are not able to complete the course in 4 years also have EF scores following normal distribution with mean 20 and std 4. Let G be the event that the student graduates in 4 years and let nG be the event that he does not graduate in 4 years. Suppose that 80% of the students who take admission are able to complete their graduation within 4 years. Let x denote the EF score of the student. [10] a) Then what is the probability that a student will graduate in 4 years given his EF score is x=25? b) How will you find out the min EF score that maximizes the probability that a student graduates in 5 years. First frame your problem, outline all major notations and solve step wise to show the results.
Expert Answer:
Answer rating: 100% (QA)
Solutions Step 1 Bayes Theorem Bayes Theorem Overview Bayes Theorem is a fundamental concept in prob... View the full answer
Related Book For
Posted Date:
Students also viewed these mathematics questions
-
What value of A makes the two annual cash flows equivalent at 15% interest compounded annually? 0 L 0 $100 $100 1 A 1 Figure P3.52 2 A 2 $120 $120 Years 3 A Years 3 4 A 4 $120 5 A 5
-
Look again at question 2. Suppose that Moose now forecasts the following dividend payments: Reestimate the market values of the warrant and stock. End of Year Dividend 1 $2 2 3 3 4 4 5
-
Solve the following problems: a. 5x = 7t x(0) = 3 b. 4x = 3e-5t x(0) = 4 c. 7% :=4t x(0) = 3 * (0) = 5 d. 3x = 8e-4t x(0) =3 * (0) = 5
-
Operating Rules. Indicate whether the following statements are true or false. If the statement is false, explain why. a. Since most corporations make distributions only when they are profitable and...
-
In 2014, Camden Electronics purchased Raytheon Electronics, paying $2.0 million in a note payable. The market value of Raytheon Electronics' assets was $3.1 million, and Raytheon Electronics had...
-
What is an unearned revenue account? Why would customers pay in advance for services (or products) not yet received?
-
The following is the adjusted trial balance of Qwik Care Clinic, Inc., for December 31,2010. Requirement 1. Journalize the closing entries at December 31. Qwik Care Clinic, Inc. Adjusted Trial...
-
Michael Jacks deposited $500,000 into a bank for 6 months. At the end of that time, he withdrew the money and received $520,000. If the bank paid interest based on continuous compounding: (a) What...
-
5 3x The rational expression is 2x x+1 equivalent to a.) -6x+5x+1 2x(x+1) b.) -6x+5x+5 2x(x+1) c.) 5+3x x-1 d.) 5-3x x+1
-
CMS pays a 10 % bonus to physicians who provide Medicare-covered services in geographic areas that lack enough health care providers to meet the health care needs of the population, Health...
-
Explain the importance that Mr. Mendoza gave to the hiring process in creating an Ethical Culture.
-
1. Write a function to calculate the aerodynamic drag on a body using the equation D= CDA: CDA where PV Co is the drag coefficient A is the frontal area of the body p is the density of air V is the...
-
Let S, represent the statement 4" > 4n. Show that S,, is true for all values of n such that n 2.
-
Read the highlights In 1983, 18-year-old Michael Dell left college to work full-time for the company he founded as a freshman, providing hard-drive upgrades to corporate customers. In a year's time,...
-
Our four stores are supported by three service departments. Cost and operational data for each department follow: (Hint: Remember you need to use totals) Stores 4 123 Totals Salaries Sq. Footage PO's...
-
The circulatory system of a whale is considered an organ system because it is composed of different cells. tissues. organs. molecules. Which of the following is matched incorrectly? brain - organ...
-
Feller Company purchased a site for a limestone quarry for $100,000 on January 2, 2019. It estimate that the quarry will yield 400,000 tons of limestone. It estimates that its retirement obligation...
-
The childrens nursery rhyme about Old MacDonalds farm tells about the cow, the pig, the horse and the sheep that the farmer kept, but says nothing about farm services. Farming in Western countries...
-
Discuss the view that it is not so much variable pricing in itself that may undermine consumers trust in a brand, but the transparency of the rules by which variable pricing is applied.
-
Critically assess methods used by banks to develop ongoing relationships with their personal customers.
-
Briefly explain the connections between values such as effort optimism, utilitarian individualism, and the American economic system. Throughout this chapter, we have identified culture as something...
-
Do you speak a language other than English as a first language? If so, do you want your children and grandchildren to speak that language? In the United States, the tools of government and education...
-
If English is your first language, did your parents or grandparents speak a different first language? How do you feel about your ability (or lack of ability) in that language? In the United States,...
Study smarter with the SolutionInn App