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
Correct Answer:
Verified
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