Question 860890: Of the mathematics graduates of a university, 25% received a starting salary of $30,000 or more. If 4 of the graduates are selected at random, find the probability that all had a starting salary of $30,000 or more. Treat the events independently. Round to six decimal places.
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! Of the mathematics graduates of a university, 25% received a starting salary of $30,000 or more. If 4 of the graduates are selected at random, find the probability that all had a starting salary of $30,000 or more. Treat the events independently. Round to six decimal places.
--------------
Ans: 0.25^4 = 0.0039
======================
Cheers,
Stan H.
----------------------
|
|
|
