Answer:
This year's acceptance rate is lower than last year's
Step-by-step explanation:
Given
Last year: 2 out of every 15 are accepted
This year: 40 out of 600 are accepted
Required
Compare both rates.
The rate is calculated by dividing the accepted applicants by total applicants.
For last year:
[tex]Rate = \frac{2}{15}[/tex]
[tex]Rate = 0.133[/tex]
For this year:
[tex]Rate = \frac{40}{600}[/tex]
[tex]Rate = 0.067[/tex]
By comparison
0.067 is less than 0.133.
Hence, this year's acceptance rate is lower than last year's