Eight-five (85) percent are high volume travelers. Of five people are randomly selected from a list of customers, what is the pr
obability all are high-volume (business) travelers?
1 answer:
Answer:
44.3%
Step-by-step 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%
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