After college you start a business in Fargo and hire only graduates of local schools:
60% from Concordia, 20% from NDSU, and 20% from MSUM. Suppose (for the sake
of argument) that 80% of Concordia grads are honest, 50% of NDSU grads are honest,
and 60% of MSUM grads are honest. After two years you discover that someone has
been embezzling funds. What is the probability that
(a) a Cobber is to blame?
(b) a Bison?
(c) a Dragon?
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Answer:
according to me it should be
the (a) a cobber is to blame
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