Q:

A study conducted at a certain college shows that 65% of the school's graduates find a job in their chosen field within a year after graduation. find the probability that 11 randomly selected graduates all find jobs in their chosen field within a year of graduating. round to the nearest thousandth if necessary.

Accepted Solution

A:
65%= 0.65.Β  The probability that all 11 selected graduates found a job in their chosen career would be (0.65)^11, because the probabilities are independent (one person getting a job in their field does not influence another person getting a job in their field).Β  This comes out to 0.009 to the nearest thousandth.