Solve the Problem. -At a University, 80% of the Students Who Apply Are

question 337

Multiple Choice

Solve the problem.
-At a university, 80% of the students who apply are accepted. Of those who are accepted, 70% actually enroll. If 30,000 students apply, how many actually enroll?

• A)16,800 students
• B)28,500 students
• C)29,850 students
• D)13,200 students

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Definitions:

System-2 Thinking

A cognitive process that requires analytical and deliberate thought to solve complex problems or make decisions.

Reactive

Responding to events or stimuli rather than initiating or influencing them; often characterized by a lack of planning.

Holistic

Pertaining to an approach that considers all aspects of a situation, including physical, mental, and social factors, rather than focusing on individual parts.

Hindsight Bias

The tendency to believe, after an event has occurred, that one would have predicted or expected the outcome, often referred to as the "I-knew-it-all-along" effect.