To calculate the Acceptance Rate (\(AR\)):
\[ AR = \frac{TA}{AC} \times 100 \]
Where:
An acceptance rate is a ratio or percentage of applicants that get accepted into a program. Generally, this term is used for college admission, but it can be used for jobs and other memberships as well.
Let's assume the following values:
Using the formula:
\[ AR = \frac{100}{1000} \times 100 = 10\% \]
The acceptance rate is 10%.
Let's assume the following values:
Using the formula:
\[ AR = \frac{250}{5000} \times 100 = 5\% \]
The acceptance rate is 5%.