Question

A study conducted at a certain college shows that 51% of the school's graduates find a job in their chosen field within a year after graduation. Find the probability that 5 randomly selected graduates all find jobs in their chosen field within a year of graduating. Round to the nearest thousandth if necessary.

Answer 1

0.035

Explanation:

Since all of them find a job, the probability is

`51\%*51\%*51\%*51\%*51\%\\\\=(51\%)^5\\\\=0.035`

(rounded to the nearest thousandth)