Eight percent of Americans have a master’s degree. If five Americans are selected at random, what is the probability that all five have a master’s degree?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 5ECP: In Example 5, what is the probability that an institution selected at random is in the Pacific...
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Eight percent of Americans have a master’s degree. If five Americans are selected at random, what is the probability that all five have a master’s degree?

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