document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=977309>Question 977309</A>: <I><SPAN STYLE=\"word-break: break-all;\"> In the Smart National Challenge, the probability of a person clearing the<BR>\n" );
document.write( "certification, and appearing for the Equity Research certification is 0.5. There is<BR>\n" );
document.write( "a record that given a candidate has appeared for an equity research<BR>\n" );
document.write( "certification, the probability that he will clear it is 0.7. The chance of a person<BR>\n" );
document.write( "getting in top 10 rank holders and appearing for the equity research certificate<BR>\n" );
document.write( "is 0.3. What percentage of candidates, given they have appeared for an equity<BR>\n" );
document.write( "research certification, are likely to get into top 10 rank holders? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #598831 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=598831\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> In the Smart National Challenge, the probability of a person clearing the<BR>\n" );
document.write( "certification, and appearing for the Equity Research certification is 0.5. There is a record that, given a candidate has appeared for an equity research<BR>\n" );
document.write( "certification, the probability that he will clear it is 0.7. <BR>\n" );
document.write( "The chance of a person getting in top 10 rank holders and appearing for the equity research certificate s 0.3.<BR>\n" );
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document.write( "What percentage of candidates, given they have appeared for an equity research certification, are likely to get into top 10 rank holders?<BR>\n" );
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document.write( "p(top 10 |appear) = P(top 10 AND appear)/P(appear) = <BR>\n" );
document.write( "(0.5*0.7*0.3)/0.5 = 0.21<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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