hhappy2005gp hhappy2005gp

20-04-2024
Mathematics

Answered

Only 21% of the candidates who apply for an MBA program in a university are called for an interview, and only 5% of those who are called for an interview are offered admission. If the name of a candidate is picked at random from the list of all applicants, what is the probability that the candidate will finally be offered admission? A. 11.11% B. 15.11% C. 1.05% D. 1.01% E. 10.01%

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