SOLUTION: Assume that a company hires employees on different business days of the month assume 20 business days in a month with equal likelihood. if two different employees are randomly sele
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Question 936676: Assume that a company hires employees on different business days of the month assume 20 business days in a month with equal likelihood. if two different employees are randomly selected what is the probability that they are hired on the last business day of the month Answer by Danielshinmath(31) (Show Source):
You can put this solution on YOUR website! Since both employee's have a 1/20 chance of being hired on the last day of the month, 2 employees being hired on the last day would be a 1/20chance* 1/20 chance, or 1 out of 400 possible combinations.
ANSWER:1/400 OR 1/(20^2)