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5 February, 05:10

The probability a student at a university is a business major is 0.17. The probability a student at a university is receiving financial aid is 0.55. Assume whether is a student is a business major is independent of whether the student is receiving financial aid. What is the probability the student is a business major and receiving financial aid

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  1. 5 February, 06:54
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    Answer: 0.0935

    Step-by-step explanation: p (business major) = 0.17, p (receiving financial aids) = 0.55

    The two events are independent that's the occurrence of one does not affect the other.

    Hence, the probability of that the student is a business major and receiving financial aid is given below as

    p (business major and financial aid) = 0.17*0.55 = 0.0935.
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