Answer:
b. 0.216
Explanation:
For each student, there are only two possible outcomes. Either they have a job, or they do not. The probability of a student having a job is independent of other students. So we use the binomial probability distribution to solve this problem.
Binomial probability distribution
The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.
![P(X = x) = C_(n,x).p^(x).(1-p)^(n-x)](https://img.qammunity.org/2021/formulas/mathematics/college/mj488d1yx012m85w10rpw59rwq0s5qv1dq.png)
In which
is the number of different combinations of x objects from a set of n elements, given by the following formula.
![C_(n,x) = (n!)/(x!(n-x)!)](https://img.qammunity.org/2021/formulas/mathematics/college/qaowm9lzn4vyb0kbgc2ooqh7fbldb6dkwq.png)
And p is the probability of X happening.
60% of the students at a large university have a job
This means that
![p = 0.6](https://img.qammunity.org/2021/formulas/mathematics/college/8i5cplog4iyowuiacs5t61o1hmrx58upwx.png)
If three of these students are randomly selected what is the probability all three have jobs?
This is
when
. So
![P(X = x) = C_(n,x).p^(x).(1-p)^(n-x)](https://img.qammunity.org/2021/formulas/mathematics/college/mj488d1yx012m85w10rpw59rwq0s5qv1dq.png)
![P(X = 3) = C_(3,3).(0.6)^(3).(0.4)^(0) = 0.216](https://img.qammunity.org/2021/formulas/mathematics/college/3jtsmzb6yqv61y7y58t13lsng6xt81pegn.png)
So the correct answer is:
b. 0.216