Answer: the probability that exactly two of the next five people who apply to that university get accepted is 0.23
Explanation:
We would number of people that applies for admission at the university and gets accepted. The formula is expressed as
P(x = r) = nCr × p^r × q^(n - r)
Where
x represent the number of successes.
p represents the probability of success.
q = (1 - p) represents the probability of failure.
n represents the number of trials or sample.
From the information given,
p = 0.6
q = 1 - p = 1 - 0.6
q = 0.4
n = 5
the probability that exactly two of the next five people who apply to that university get accepted is
P(x = 2) = 5C2 × 0.6^2 × 0.4^(5 - 2)
P(x = 2) = 10 × 0.36 × 0.064
P(x = 2) = 0.23