Eight percent of all college graduates hired by companies stay with the same company for more than five years. What is the probability, rounded to four decimal places, that in a random sample of 14 such college graduates hired recently by companies, exactly 2 will stay with the same company for more than five years.
Eight percent of all college graduates hired by companies stay with the same company for more than five years. What is the probability, rounded to four decimal places, that in a random sample of 14 such college graduates hired recently by companies, exactly 2 will stay with the same company for more than five years.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![Eight percent of all college graduates hired by companies stay with the same
company for more than five years. What is the probability, rounded to four decimal
places, that in a random sample of 14 such college graduates hired recently by
companies, exactly 2 will stay with the same company for more than five years.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6078ba5f-9a7c-4574-b2b7-71cdf5559aa3%2F12c341ea-5bfb-489e-8c50-da3a49f0e4df%2F89zm22cc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Eight percent of all college graduates hired by companies stay with the same
company for more than five years. What is the probability, rounded to four decimal
places, that in a random sample of 14 such college graduates hired recently by
companies, exactly 2 will stay with the same company for more than five years.
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