the probability of a new employee in a fast-food chain still being with the company at the end of the year is 0.6, what is the probability that out of 8 newly hired peopie (A) 5 will still be with the company after 1 year? (B) 5 or more will still be with the company after 1 year? Round each of the calculations to three decimal places when going through the solution process. (A) P(5 will still be there) (Round to three decimal places as needed.)

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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these are review questions , not test questions 

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If the probability of a new employee in a fast-food chain still being with the company at the end of the year is 0.6, what is the probability that out of 8 newly hired people
(A) 5 will still be with the company after 1 year?
(B) 5 or more will still be with the company after 1 year?
Round each of the calculations to three decimal places when going through the solution process.
(A) P(5 will still be there)
(Round to three decimal places as needed.)
Transcribed Image Text:If the probability of a new employee in a fast-food chain still being with the company at the end of the year is 0.6, what is the probability that out of 8 newly hired people (A) 5 will still be with the company after 1 year? (B) 5 or more will still be with the company after 1 year? Round each of the calculations to three decimal places when going through the solution process. (A) P(5 will still be there) (Round to three decimal places as needed.)
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