SOLUTION: Of the Statistics graduates of a University 30%, received a starting salary of $45,000.00. If 5 of them are randomly selected, find the probability that all the graduated had start

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Question 980976: Of the Statistics graduates of a University 30%, received a starting salary of $45,000.00. If 5 of them are randomly selected, find the probability that all the graduated had starting salary of $45,000.00.
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
It is 0.30^5 power. It's like tossing a coin 5 times with a 30/70 probability
0.00243