Question

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?

Answer 1

Answer:

The probability is 1.05%

Step-by-step explanation:

we know that

To find the probability that the candidate will finally be offered admission, multiply 21% by 5%

so

21%=21/100=0.21

5%=5/100=0.05

0.21*0.05=0.0105

Convert to percentage

0.0105*100=1.05%