Question

In a small private liberal arts college, 40 percent of the students receive financial aid, and 30 percent of the students that receive financial aid also are first generation college students. In addition, 25 percent of the students in the college own a hybrid car. What is the probability that a randomly selected student receives financial aid and is first generation college student

Answer 1

Answer:

P(A∩B) = 0.12

Step-by-step explanation:

Given:

Students receive financial aid P(A) = 40% = 0.4

Students receive financial aid and first generation P(B/A) = 30% = 0.3

Find:

Probability [Selected student receives financial aid and is first generation college student] P(A∩B)

Computation:

P(A∩B) = P(A) x P(B/A)

P(A∩B) = 0.4 x 0.3

P(A∩B) = 0.12