A recent study has shown that 45% of recent college graduates are able to find full-time employment within six months of graduating college. If we were to randomly select three (3) recent college graduates, what is the probability that all three college graduates WERE NOT ABLE to find full-time employment within six months of graduating college? Compute your result as a decimal. Round your final answer to four decimal places. P(all three did not find full-time employment) = ___________
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
A recent study has shown that 45% of recent college graduates are able to find full-time employment within six months of graduating college.
If we were to randomly select three (3) recent college graduates, what is the
Compute your result as a decimal. Round your final answer to four decimal places.
P(all three did not find full-time employment) = ___________
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