The value of teh probability P(Financial Aid | Graduate) is 0.72
How to determine the probability?
The probability is represented as:
P(Financial Aid | Graduate)
The probability is calculated as:
P(Financial Aid | Graduate) = (Financial Aid and Graduate)/(Graduate)
Using the values on the table, we have:
P(Financial Aid | Graduate) = (1879)/(1879 + 731)
Evaluate
P(Financial Aid | Graduate) = 0.72
Hence, the value of teh probability P(Financial Aid | Graduate) is 0.72
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