Joe Is Considering Pursuing an MBA Degree

question 112

Multiple Choice

Joe is considering pursuing an MBA degree.He has applied to two different universities.The acceptance rate for applicants with similar qualifications is 25 percent for University A and 40 percent for University B.What is the probability that Joe will be accepted at one,and only one,university?

• A)0.50
• B)0.10
• C)0.15
• D)0.30
• E)0.45

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Definitions:

Mexico

A country located in the southern portion of North America, known for its rich cultural heritage, history, and diverse ecosystems.

Japan

An island country located in East Asia, known for its rich culture, technological advancements, and distinctive historical heritage.

Collectivistic

Pertaining to cultures or societies that emphasize the group and its interests over the individual, focusing on community, cooperation, and interdependence.

India

A country in South Asia, known for its diverse culture, languages, and history; the seventh-largest country by land area and the second-most populous.