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?

Question

anonymous · Answer

(A) 11.11%, (B) 15.11%, (C) 1.05%, (D) 1.01%, (E) 10.01%

anonymous · Answer

@wyatthelean96  can you be of service? (:

anonymous · Answer

I unfortunately can not I'm sorry:(

anonymous · Answer

Ahh, that's OK thank you for your time anyways.

anonymous · Answer

the answer should be is 21/100 times 5/100

anonymous · Answer

You sure?

anonymous · Answer

.21x.05=.0105 then i would move the decimal place two spots too the right, giving me 1.05%