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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? a. 11.11%. b. 15.11% c. 1.05% d. 1.01% e. 10.01%

Respuesta :

As per given that
5% of 21%
so 
 that will be 
 (21*5)/100
 = 1.05%
so correct option is C 
hope it helps
Lanuel

If the name of a candidate is picked randomly from the list of all applicants, the probability that this candidate would be offered an admission is: C. 1.05%.

How to determine the probability?

In order to determine the estimated probability that the candidate will finally be offered an admission, we would multiply the percentage of candidates who applied by the percentage of candidates who are offered an admission.

If the name of a candidate is picked randomly from the list of all applicants, the probability that this candidate would be offered an admission is given by:

P(A) = 5/100 × 21

P(A) = 105/100

P(A) = 1.05%.

Read more on probability here: https://brainly.com/question/12801413

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