Answer:
b. 0.216
Step-by-step 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.
In which is the number of different combinations of x objects from a set of n elements, given by the following formula.
And p is the probability of X happening.
60% of the students at a large university have a job
This means that
If three of these students are randomly selected what is the probability all three have jobs?
This is when . So
So the correct answer is:
b. 0.216