You are applying for graduate school at University A. In the past 42 of the applicants to this university have been accepted. It is also known that 70 of those students who have been accepted have had GMAT scores in excess of 550 while 40 of the students who were not accepted had GMAT scores in excess of 550 . You take the GMAT exam and score 640 . What is the probability that you will be accepted into graduate school of university A? (Round to 4 decimal places.)
Question 2
Which of the following is incorrect?
a. A global optimum is a local optimum in a nonlinear optimization problem.
b. A local maximum is a global maximum in a concave nonlinear optimization problem.
c. A global minimum is a local minimum in a convex nonlinear optimization problem.
d. A local optimum is a global optimum in a nonlinear optimization problem.
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