document.write( "Question 1192535: Higher education at two-year and four-year institutions. The following table gives the counts of U.S. institutions of higher education classified as public or private and as two-year or four-year:\r
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document.write( " Public Private\r
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document.write( "Two-year 1000 721\r
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document.write( "Four-year 2774 672\r
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document.write( "Convert the counts to probabilities and summarize the relationship between these two variables using conditional probabilities. \n" );
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Algebra.Com's Answer #848973 by CPhill(1987) You can put this solution on YOUR website! **1. Calculate the Total Number of Institutions**\r \n" ); document.write( "\n" ); document.write( "* Total institutions = 1000 (Public, Two-year) + 721 (Private, Two-year) + 2774 (Public, Four-year) + 672 (Private, Four-year) \n" ); document.write( "* Total institutions = 5167\r \n" ); document.write( "\n" ); document.write( "**2. Calculate Probabilities**\r \n" ); document.write( "\n" ); document.write( "* **P(Public)** = (Public Two-year + Public Four-year) / Total = (1000 + 2774) / 5167 = 0.721 \n" ); document.write( "* **P(Private)** = (Private Two-year + Private Four-year) / Total = (721 + 672) / 5167 = 0.279 \n" ); document.write( "* **P(Two-year)** = (Public Two-year + Private Two-year) / Total = (1000 + 721) / 5167 = 0.331 \n" ); document.write( "* **P(Four-year)** = (Public Four-year + Private Four-year) / Total = (2774 + 672) / 5167 = 0.669 \n" ); document.write( "* **P(Public and Two-year)** = 1000 / 5167 = 0.193 \n" ); document.write( "* **P(Public and Four-year)** = 2774 / 5167 = 0.538 \n" ); document.write( "* **P(Private and Two-year)** = 721 / 5167 = 0.139 \n" ); document.write( "* **P(Private and Four-year)** = 672 / 5167 = 0.130\r \n" ); document.write( "\n" ); document.write( "**3. Calculate Conditional Probabilities**\r \n" ); document.write( "\n" ); document.write( "* **P(Two-year | Public)** = P(Public and Two-year) / P(Public) = 0.193 / 0.721 = 0.268 \n" ); document.write( "* **P(Four-year | Public)** = P(Public and Four-year) / P(Public) = 0.538 / 0.721 = 0.747 \n" ); document.write( "* **P(Two-year | Private)** = P(Private and Two-year) / P(Private) = 0.139 / 0.279 = 0.498 \n" ); document.write( "* **P(Four-year | Private)** = P(Private and Four-year) / P(Private) = 0.130 / 0.279 = 0.466\r \n" ); document.write( "\n" ); document.write( "**Summary of the Relationship**\r \n" ); document.write( "\n" ); document.write( "* **Public institutions are more likely to be four-year institutions** (74.7%) than two-year institutions (26.8%). \n" ); document.write( "* **Private institutions are more likely to be two-year institutions** (49.8%) than four-year institutions (46.6%). \r \n" ); document.write( "\n" ); document.write( "This analysis suggests a relationship between the type of institution (public vs. private) and the level of education (two-year vs. four-year). \n" ); document.write( " \n" ); document.write( " |