Answer: The probability that one person is accepted is 0.20. Since the acceptance of one person is independent of the acceptance of another person, we can multiply the probabilities of each event to find the probability that all three people are accepted.
P(all three accepted) = P(person 1 accepted) * P(person 2 accepted) * P(person 3 accepted)
P(all three accepted) = 0.20 * 0.20 * 0.20
P(all three accepted) = 0.008 or approximately 0.8%
Therefore, the probability that all three of you are accepted is approximately 0.8%.
Explanation: