document.write( "Question 1208164: Among 120 applicants for a job in an insurance company, only 80 are actually qualified. If
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Algebra.Com's Answer #846383 by ikleyn(52776)\"\" \"About 
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\n" ); document.write( "Among 120 applicants for a job in an insurance company, only 80 are actually qualified. If
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document.write( "It is a binomial type distribution problem.\r\n" );
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document.write( "The number of trials is 5; the probability of success at each individual trial is 80/120 = 2/3.\r\n" );
document.write( "They want you calculate the probability of getting two success trials from 5 trials.\r\n" );
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document.write( "Use the standard formula for binomial distribution.  For this problem, it has the form\r\n" );
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document.write( "    P = \"C%5B5%5D%5E2%2A%282%2F3%29%5E2%2A%281-2%2F3%29%5E%285-2%29\" = \"%28%285%2A4%29%2F%281%2A2%29%29%2A%282%2F3%29%5E2%2A%281%2F3%29%5E3\" = 0.1646 (rounded).    ANSWER\r\n" );
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\n" ); document.write( "\n" ); document.write( "To see many other similar  (and different)  solved problems,  look into the lessons\r
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