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Answer:
The proportion of first-time college students who graduated in the top 25% is 2.06:1 , which means there are 2.06 ...
Step-by-step explanation:
Using relations between odds and proportions, it is found that:
a) The proportion who graduated in the top 25 percent of their high school class is 0.709.
b) For transfer students, the odds in favor of having graduated in the top 25 percent of their high school class are 3 to 1.
Item a:
- Odds of 2.44 to 1.
- To convert an odd a to b to a proportion, the relation is:
[tex]p = \frac{a}{a + b}[/tex]
In this item, [tex]a = 2.44, b = 1[/tex], thus:
[tex]p = \frac{2.44}{2.44 + 1} = \frac{2.44}{3.44} = 0.709[/tex]
The proportion who graduated in the top 25 percent of their high school class is 0.709.
Item b:
- Proportion of 0.75, thus:
[tex]0.75 = \frac{a}{a + b}[/tex]
[tex]a = 0.75a + 0.75b[/tex]
[tex]0.25a = 0.75b[/tex]
[tex]a = 3b[/tex]
[tex]b = 1[/tex], thus, [tex]a = 3[/tex]
For transfer students, the odds in favor of having graduated in the top 25 percent of their high school class are 3 to 1.
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