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Only for the Question e. Plz show the process. If you randomly choose a graduate

ID: 3175602 • Letter: O

Question

Only for the Question e.

Plz show the process.

If you randomly choose a graduate of Morehouse College, what is the probability that this individual graduated with debt (to 2 decimals)? b. If you randomly choose one of these eight institutions for a follow-up study on student loans, what is the probability that you will choose an institution with more than 60% graduates having debt (to 3 decimals)? c. If you randomly choose one of these eight institutions for a follow-up study on student loans, what is the probability that you will choose an institution whose graduates with have an average debt of more than $30,000 (to 2 decimals)? d. What is the probability that a graduate of Pace University does not have debt (to 2 decimals)? e. For graduates of Pace University with debt, the average amount of debt is $32, 980. Considering all graduates from Pace University, what is the average debt per graduate?

Explanation / Answer

as average amount of debt =32980

hence average debt per graduate =0.72*32980=$23745.6

please revert cause as i see you missed the decimal point up in the answer