Step-by-step explanation:
Here, the total number of freshman in the university = 500
The number of students enrolled in Economics = n(E) = 323
The number of students enrolled in Mathematics = n(M) = 205
The number of students enrolled in Both Economics and math
= n(E∩M ) = 140
Let F : Event of selecting a student who is enrolled in both the courses
So, from the given data:
[tex]P(F) = \frac{\textrm{Total number of favorable outcomes}}{\textrm{Total number of outcomes}} \\= \frac{\textrm{Total number of students enrolled in BOTH courses}}{\textrm{Total number of students}} \\ = \frac{140}{500} = \frac{7}{25}[/tex]
So, the probability of selecting a random students who is enrolled in both the courses is [tex](\frac{7}{25} ) = 0.280[/tex]