Question 353301: Of the physics graduates of a university, 30% recieved a starting salary of $30,000 or more. If 5 of the graduates are selected a random, find the probability that all had a starting salary of $30,000 or more.
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! Of the physics graduates of a university, 30% received a starting salary of $30,000 or more. If 5 of the graduates are selected a random, find the probability that all had a starting salary of $30,000 or more.
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P(5 of 5 had ss> 30000) = 0.3^5 = 0.0024
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Cheers,
Stan H.
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