Question: 6 . a. ) Approved first peer review = 0.2 Approved second review = not reversed = 1-0.3=0.7 ( 0 . 7) (0.2 ) =




6 . a. ) Approved first peer review = 0.2 Approved second review = not reversed = 1-0.3=0.7 ( 0 . 7) (0.2 ) = 0.14 b. ) Disapproved first peer review = not approved first review = 1 - 0.2 = 0.8 Original decision not reversed second review = 1-0.3 = 0.7 ( 0.8 ) (0.7 ) = 0.56 C. ) P (A ) = funded the first time = 0.2 D (A) = not funded the first time = 0.8 P (B) = reversed clecision = 0.3 P ( BA) = upheld / stays the same = 0.7 Ist way : funded first time, reversed / rejected second time - P(A) * PCB) -(0. 2) (0.3) = 0.06 2 nd way : rejected first time, reversed & approved second time - P(AP) * D (B ) - (0 .8 ) ( 0 . 3 ) = 0.24 Total for both outcomes = 0-06 +0. 24 = 0.36 Whether a grant proposal is funded quite often depends on the reviewers. Suppose a group of research proposals was evaluated by a group of experts as to whether the proposals were worthy of funding. When these same proposals were submitted to a second Independent group or experts, the decision to fund was reversed In 30% of the cases. If the probability that a proposal is approved for funding by the first peer review group Is .2, what are the probabilities of these events? (4 points. 1-1/3 point for each part of the question.) A. Proposal is approved by both groups B. Proposal disapproved by both groups C. Proposal is approved by only one group
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
