Question

Eight-five (85) percent are high volume travelers. Of five people are randomly selected from a list of customers, what is the probability all are high-volume (business) travelers?

Answer 1

44.3%

Explanation:

For a single selected traveler the change of him being high volume is 0.85, for 5 is the product of each individual probability.

P=(0.85)^5=0.443 → 44.3%