Mathematics, 12.05.2021 01:30 Chandler1Gaming

A very weak university is on and off probationary status with the accrediting agency. A different procedure is used in July and in January to determine its status for the next 6 months. In July, the probability of changing status by coming off probation is .25; but the probability of changing status by going on probation is .12. In January, the probability of coming off probation is .15; but the probability of going on probation is .08. a) If the university is on probation as of February 2019; what is the probability it will be off probation in February 2020

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A very weak university is on and off probationary status with the accrediting agency. A different pr...