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UNSW has a scholarship program for finance students. 2% of finance students win the scholarship. 30% of the finance students who obtain a scholarship choose
UNSW has a scholarship program for finance students. 2% of finance students win the scholarship. 30% of the finance students who obtain a scholarship choose to enroll in the Honours program. Of these students, 50% are awarded First-Class Honours. 60% of finance students who do not win a scholarship enroll in the Honours program. Of these students, 70% are awarded First-Class Honours. A student who does not enroll in the Honours program can never be awarded First-Class Honours. If Adam is awarded First-Class Honours, what is the probability that he did not win a scholarship? Note: Write down your answer as a percentage (2 decimal places). Ignore the "%" sign. For example, if your answer is 0.12345, write 12.35
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