Final answer:
The probability that a grad student is enrolled in both an economics course and a statistics course is given as 15%, which is option c).
Step-by-step explanation:
The probability that a grad student is enrolled in both an economics course and a statistics course can be determined using the principle of inclusion-exclusion for probabilities. The formula to find the probability of the union of two events (in this case, being enrolled in economics and statistics) is P(e ∪ s) = P(e) + P(s) - P(e ∩ s), where P(e) is the probability of being enrolled in economics, P(s) is the probability of being enrolled in statistics, and P(e ∩ s) is the probability of being enrolled in both.
In the given question, we know that P(e) = 40%, P(s) = 35%, and P(e ∩ s) = 15%. Applying these values to the formula gives us:
P(e ∪ s) = 40% + 35% - 15% = 60%.
However, the question specifically asks for P(e ∩ s), which is the probability of a grad student being enrolled in both an economics and a statistics course. This is directly given as 15%, which corresponds to option c).