SOLUTION: The teachers in a college have a 32% chance of receiving a starting salary of $40,000 or more. If 4 teachers are chosen at random, what is the probability that their salary is over

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Question 956646: The teachers in a college have a 32% chance of receiving a starting salary of $40,000 or more. If 4 teachers are chosen at random, what is the probability that their salary is over $40,000?
Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
The teachers in a college have a 32% chance of receiving a starting salary of $40,000 or more. If 4 teachers are chosen at random, what is the probability that their salary is over $40,000?
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Binomial Problem with n = 4 and p(condition) = 0.32
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P(x = 4) = 0.32^4 = 0.015
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Cheers,
Stan H.
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