When MS and MBA applicants ask us – ‘What are my chances of getting into Harvard?‘ or ‘What’s my probability of getting scholarships from Oxford?‘ we get tongue-tied. There are so many variables at play, it’s difficult to give an accurate answer.
But when you get probability questions in your GMAT exam syllabus, you don’t have to get flummoxed. Understanding the basic rules and formulas of probability will help you score high in the entrance exams. (more…)