Out of 449 applicants for a job, 253 have over 5 years of experience and 62 have over 5 years of experience and have a graduate degree. Step 1 of 2 : What is the probability that a randomly chosen applicant has a graduate degree, given that they have over 5 years of experience

The probability that a randomly chosen applicant has a graduate degree, given that they have over 5 years of experience, is 24.50%.

Step-by-step explanation:

Given that out of 449 applicants for a job, 253 have over 5 years of experience and 62 have over 5 years of experience and have a graduate degree, to determine what is the probability that a randomly chosen applicant has a graduate degree, given that they have over 5 years of experience, the following calculation must be performed:

253 = 100

62 = X

62 x 100/253 = X

6,200 / 253 = X

24.50 = X

Therefore, the probability that a randomly chosen applicant has a graduate degree, given that they have over 5 years of experience, is 24.50%.