SOLUTION: eight percent of all college graduates hired by companies stay with the same company for more than five years. the probability, rounded to four decimals places , that in a random

Question 666761: eight percent of all college graduates hired by companies stay with the same company for more than five years. the probability, rounded to four decimals places , that in a random sample of 11 such college graduates hired recently by companies, exactly 2 will stay with the same company for more than 5 years is:
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!

 

Hi,

8% of all college graduates hired by companies stay with  the same company for more than five years. 

11 such college graduates hired recently by companies

P( x = 2) = 11C2(.08)^2(.92)^9 

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