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jim is considering pursuing an ms in business analytics degree. he has applied to two different universities. the acceptance rate for applicants with similar qualifications is 30% for university x and 45% for university y. what is the probability that jim will be accepted at both universities?

Answer :

The probability of acceptance of Jim at both the University as per given acceptance rate is equal to 0.135.

As given in the question,

Acceptance rate of Jim application at University x is equal to 30%

Acceptance rate of Jim application at University y is equal to 45%

Probability of acceptance of application in University x is:

P(x) = 30 /100

      = 0.30

Probability of acceptance of application in University y is:

P(y) = 45 /100

      = 0.45

Probability of acceptance of application at both the University is:

P(x and y) = P(x) × P(y)

                = 0.30 × 0.45

                = 0.135

Therefore, the probability of acceptance application at both the University is equal to 0.135.

Learn more about probability here

brainly.com/question/11234923

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