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?
11.11%
15.11%
1.05%
1.01%
10.01%

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?
11.11%
15.11%
1.05%
1.01%
10.01%

anonymous · Answer

answer is 5% of 21% that is (21*5)/100 = 1.05%

cwrw238 · Answer

there are 2 probabilities involved here - a successful candidate must be one of the 20% and one of the 5%
so the probabilities are multiplied 
 = 21/100  * 5 / 100

anonymous · Answer

lets say there are 100 persons. so 21 are called for interview. and 5% of 21 are offered admission. so 5% of 21 is 1.05. that means out of 100 only 1.05 percent people are able to make through whole selection process. and get admission.

cwrw238 · Answer

1.05%

anonymous · Answer

Hai Sweet @yomylola , WeLcoMe to OpeN stuDy.. !!

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anonymous · Answer

yes I was sorry for keeping it open thank you so much to everyone