Please Help?
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john is applying for bank loan to open a motel franchise . he must complete a written application, and then be interviewed by bank officers. Past records for this bank show that the probability of being approved in the written part is 0.70. Then the probability of being approved by interview committee is 0.50 given the candidate has been approved on written application. What is Probability john is approved by both written and interview.
Please Help?multiply the probabilities
Pr = 0.70*0.50
Pr = 0.35
Please Help?.5/.7=.71
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