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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?
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@Callisto
@iGreen
We multiply the percentages together, I believe.. 21% * 5% = ?
105%
No.
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21% is the same thing as 0.21 5% is the same thing as 0.05 Multiply 0.21 * 0.05
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