A public interest group hires students to solicit donations by telephone. After a brief training period, students make calls to potential donors and are paid on a commission basis. Experience indicates that early on, these students tend to have only modest sucess and that 65% of them give up their jobs in their first two weeks of employment. The group hires 5 students, which can be viewed as a random sample. What is the probability that at least 2 of the 5 will not give up in the first two weeks? (Round to four decimal places as needed)
A public interest group hires students to solicit donations by telephone. After a brief training period, students make calls to potential donors and are paid on a commission basis. Experience indicates that early on, these students tend to have only modest sucess and that 65% of them give up their jobs in their first two weeks of employment. The group hires 5 students, which can be viewed as a random sample. What is the probability that at least 2 of the 5 will not give up in the first two weeks? (Round to four decimal places as needed)
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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