SOLUTION: Data on college graduates' employment indicate that 35% of the graduates find a part-time job within a year of their graduation, 25% of them find a full-time job and the rest of th
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Question 1166420: Data on college graduates' employment indicate that 35% of the graduates find a part-time job within a year of their graduation, 25% of them find a full-time job and the rest of them are unemployed.
Round your final answer to 1 decimal place and express your answer in percent form (i.e. 30.0% instead of 0.3)
If we randomly select 2 graduate students within a year of their graduation, what is the probability that at least one of them has a job (full-time or part-time)? Answer by ikleyn(52866) (Show Source):
The probability that one single college graduate student has a job within a year of the graduation is 0.35+0.25 = 0.6.
The probability that of 2 randomly selected college graduate students at least one of them has a job is
P = 0.6 + 0.6 - 0.6*0.6 = 0.84. ANSWER
Use the formula P(at least one) = P(one) + P(other) - P(both).
I assume also that getting the job for two students are independent events.