Step 1: Malus's Law and Polarization
When unpolarized light of intensity \( I_0 \) is incident on a polarizer, the transmitted intensity after the first polarizer is given by:
\[
I' = \frac{I_0}{2}
\]
Step 2: Intensity after the Analyser
According to Malus's Law, the intensity of light transmitted through an analyser is:
\[
I = I' \cos^2 \theta
\]
where \( \theta \) is the angle between the transmission axis of the analyser and the polarizer.
Step 3: Substituting Values
Given that \( \theta = 45^\circ \), we substitute:
\[
I = \frac{I_0}{2} \cos^2 45^\circ
\]
Since \( \cos 45^\circ = \frac{1}{\sqrt{2}} \), we get:
\[
I = \frac{I_0}{2} \times \left( \frac{1}{\sqrt{2}} \right)^2
\]
\[
I = \frac{I_0}{2} \times \frac{1}{2}
\]
\[
I = \frac{I_0}{4}
\]
Step 4: Conclusion
Thus, the intensity of the light emerging from the analyser is \( \frac{I}{4} \).