The probability of a new employee in a fast-food chain still being with the company at the end of 1 year is 0.6. If success is defined as being with the company for one year, what is the probability that out of 8 newly hired people, 6 will still be with the company after 1 year?
The probability of a new employee in a fast-food chain still being with the company at the end of 1 year is 0.6. If success is defined as being with the company for one year, what is the probability that out of 8 newly hired people, 6 will still be with the company after 1 year?
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...
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