Final answer:
To find the probability that exactly 3 out of 5 human resource managers say job applicants should follow up within two weeks, use the binomial probability formula.
Step-by-step explanation:
To find the probability that exactly 3 out of 5 randomly selected human resource managers say job applicants should follow up within two weeks, we can use the binomial probability formula.
The formula is:
P(X=k) = (n choose k) * p^k * (1-p)^(n-k)
where:
- n is the number of trials (5 in this case)
- k is the number of successes (3 in this case)
- p is the probability of success (44% or 0.44 in decimal form)
Plugging in the values:
P(X=3) = (5 choose 3) * (0.44)^3 * (1-0.44)^(5-3)
P(X=3) = (10) * (0.44)^3 * (0.56)^2
P(X=3) ≈ 0.27023
The probability that exactly 3 out of 5 randomly selected human resource managers say job applicants should follow up within two weeks is approximately 0.27023, or 27.02%.