Suppose 0.2 of the graduates of a job training centre receive lower paying jobs than they had prior to entering the job training program. In a random sample of six graduates, what is the probability that exactly five have jobs paying more than they earned before entering the program?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
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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Suppose 0.2 of the graduates of a job training centre receive lower paying jobs than they had prior to entering the job training program.

In a random sample of six graduates, what is the probability that exactly five have jobs paying more than they earned before entering the program? (Your answer should be correct to four decimal places.)

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