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Joe is considering pursuing an MBA degree.He has applied to two different universities.The acceptance rate for applicants with similar qualifications is 30% for University A and 20% for University B.You may assume that the universities make their decisions independently of one another.
-What is the probability that Joe will be accepted at both universities?
IPO Stage
The phase in which a private company becomes a public company by offering its shares to the public for the first time.
Maturity Stage
A phase in the life cycle of a product, business, or industry where growth stabilizes, and sales plateau, often leading to increased competition for market share.
Business Incubators
Entities structured to boost the development and prosperity of start-up businesses by offering a variety of business support tools and services.
Survival Rates
The percentage of individuals or entities that continue to exist after a certain period of time or through specific challenges.
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