SOLUTION: A board of directors consisting of 8 males and 4 females must select a 4 member panel, from amung its members, for hiring a CEO.  What is the probability that the hiring panel will
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Question 571391:  A board of directors consisting of 8 males and 4 females must select a 4 member panel, from amung its members, for hiring a CEO.  What is the probability that the hiring panel will be all females? 
Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
 A board of directors consisting of 8 males and 4 females must select a 4 member panel, from amung its members, for hiring a CEO. What is the probability that the hiring panel will be all females?
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Number of ways to choose 4 females: 4C4 = 1
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Number of random groups of 4: 12C4 = 495
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P(4 females chosen) = 1/495
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Cheers,
Stan H.
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