You need to apply the same reasoning.
25 cents is 25% of a dollar because they are 25 out of 100, that is 25/100 = 25%
For 23 cents is exactly the same reasoning:
23 cents is 23% of a dollar <span>because they are 23 out of 100 cents, that is 23/100 = 23%</span>
Answer:
A) 1/3200000
B) 19/20
Step-by-step explanation:
Percentage population of graduates = 5
Proportion of graduates from 100 random samples = percentage × number of samples
Proportion of graduates = 0.05 × 100 = 5
Probability of having 5 graduates among the 100 random samples:
P(1 graduate) = possible outcome / total required outcome
P(1 graduate) = (5 / 100) = 1/20
P(5 graduates) = (1/20)^5
P(5 graduates) = 1/3200000
Probability of never being a graduate = (1 - probability of being a graduate)
Probability of never being a graduate = ( 1 - (1/20)) = 19/20