SOLUTION: A study conducted at a certain college shows that 51% of the school's graduates find a job in their chosen field within a year after graduation. Find the probability that 5 randoml
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Question 970422: A study conducted at a certain college shows that 51% of the school's graduates find a job in their chosen field within a year after graduation. Find the probability that 5 randomly selected graduates all find jobs in their chosen field within a year of graduating. Round to the nearest thousandth if necessary.
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
I will assume independence, because the numbers are large, and choosing 1 student will not change the probability significantly.
Probability of the first student is 0.51, and that is multiplied by itself 5 times.
The probability is 0.51^5=0.035
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